University of Tokyo to Offer Engineering Courses in the Metaverse
Jul27

University of Tokyo to Offer Engineering Courses in the Metaverse

The University of Tokyo will offer a series of engineering courses using metaverse tech. The courses, which are projected to start being offered later this year, will introduce students to the subjects of engineering and will combine this knowledge with the skills to handle metaverse-based worlds, to manage the digital transformation that work and educational environments are undergoing. University of Tokyo to Introduce...

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Report: Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies
Jul27

Report: Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies

About 53% of South Africans have little to no knowledge about cryptocurrency, while only 14% thought or felt they had a better understanding of the subject, a report has said. Nearly half of the respondents said they would only invest in cryptocurrency if or when their respective banks are involved. South Africans Weigh In on Crypto Knowledge According to the findings of Merchant’s consumer survey study, just over half of South...

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Japanese Bank SMBC to Foray Into NFT and Web3 Markets
Jul27

Japanese Bank SMBC to Foray Into NFT and Web3 Markets

The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers tokenization and listing services in Japan, to launch a token business lab to experiment with these new technologies. Second Biggest Japanese Bank...

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Billionaire Mark Cuban Expects SEC to Impose ‘Nightmare’ Crypto Registration Rules
Jul27

Billionaire Mark Cuban Expects SEC to Impose ‘Nightmare’ Crypto Registration Rules

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has warned that the U.S. Securities and Exchange Commission (SEC) will come up with rules for token registration that will be “the nightmare that’s waiting for the crypto industry.” Mark Cuban Foresees SEC Coming Up With ‘Nightmare’ Crypto Regulation Billionaire Mark Cuban, the Shark Tank star who owns the NBA team Dallas Mavericks, warned in a tweet Saturday...

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US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes
Jul27

US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes

A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency for everyday purchases by creating tax exemption for personal crypto transactions under $50 as well as when the capital gains are less than $50. New ‘Virtual Currency Tax Fairness Act’ A new bipartisan bill, known as the “Virtual Currency Tax Fairness Act,” was introduced in Congress Tuesday by Senators Pat Toomey (R-PA) and Kyrsten...

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