
South Korea sets $117.1 million budget to kickstart metaverse industry
South Korea's government has earmarked $117.1 million for the metaverse, betting on its potential and having this technology as one of their main focus in the following years.
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Charles Hoskinson covers key points from his visit, but also mentions shady dealings to do with Bitcoin maxis.

While the Russian government is looking to adopt crypto for international payments, the Central Bank and Finance Ministry are yet to reach a consensus on crypto regulation.

Laboure believes the regulation of the crypto space will attract more adopters who will bring liquidity, which will, in turn, help mitigate volatility.

Senators Marco Rubio, Tom Cotton and Mike Braun sponsored a bill to prohibit companies to host software that supports payments in China's new CBDC, the eCNY

Ross says the rising inflation will force retail investors to invest in risky cryptocurrencies, leading to greater risk-taking.

Fed Vice Chair Lael Brainard said that the U.S. needs a CBDC to ensure the country's competitiveness in the global digital financial landscape of the future.



