[ad_1] The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In particular, the Treasury is concerned about the “misuse of virtual assets that exploits and undermines their innovative potential, including through laundering of illicit proceeds.” FinCEN, a bureau of the U.S. Department of the Treasury, […]
[ad_1] Every day, we hear of more involvement by big industry players (for example, Epic Games and Roblox) as we creep closer to the Metaverse, a shared persistent virtual environment of interconnected digital experiences. The problem is that none of this matters until netizens are able to truly own digital assets. And it all starts […]
[ad_1] The virtual real estate market is taking off. Crypto billionaire and investor Mike Novogratz’s venture capitalist firm Galaxy Interactive is making a substantial investment in virtual real estate developer Republic Realm. The deal was announced in a Reuter exclusive, but terms were not disclosed at this time. Digital real estate receiving this vote of […]