Gary Gensler, Chairman of the SEC

The SEC has proposed regulations that would limit the crypto firms that can custody of customer assets

By a 4-1 vote on Wednesday, the Securities and Exchange Commission approved sweeping changes to federal regulations that would require businesses to obtain or maintain registration in order to hold customer assets and broaden custody rules to include crypto assets. Any client assets in the custody of an investment advisor would be included in the…

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Mall of the Metaverse Dubai

Dubai’s own Mall of the Metaverse Shopping Centre is being developed

Dubai and Decentraland have collaborated to build their very own virtual shopping mall, Mall of the Metaverse. “Who are seeking increased digital experiences across retail, entertainment, and leisure offerings” will be the target audience for the mall. A recent announcement made at the World Government Summit states that this is the case. Majid Al Futtaim,…

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Ethereum Price Analysis

Ethereum price prediction: As it falls below $1,500: Where is the Next Support?

On Monday, the price of Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, fell below $1,500 and reached the $1460s for the first time in nearly a month. The world’s second-largest cryptocurrency by market capitalization was down about 2.0 percent on the day at current levels in the $1,480s, with losses from earlier…

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