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February 21, 2022

Pro-Bitcoin president of El Salvador to offer citizenship for foreign investors

Pro-Bitcoin president of El Salvador to offer citizenship for foreign investors

The 52 proposed legal reforms call for less bureaucracy, less red tape and creating tax incentives to make El Salvador one of the most freedom-centric countries. Salvadoran President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation. President Bukele took to Twitter to inform the crypto community on […]

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NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says

NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says

With non-fungible tokens (NFTs) continuously taking the world by storm, these digital assets are perfect for fashion in the metaverse, according to Amrit Dhami, a thematic analyst at GlobalData. She noted: “While there is significant uncertainty about what the metaverse will look like, we do know that it will be populated by avatars. Gamers already pay substantial

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Meta’s Horizon Worlds Userbase Grows Tenfold in Three Months

Meta’s Horizon Worlds Userbase Grows Tenfold in Three Months

Horizon Worlds, one of the flagship metaverse apps that Meta has released, has reached a monthly userbase of 300K users on its platform. Meta’s executives announced this milestone in a virtual all-hands update last week. The company also announced recently that more than 10,000 worlds had been created on its platform, a sign of the

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Asia stocks mixed as investors continue watching Ukraine crisis; China holds steady on benchmark lending rate

Asia stocks mixed as investors continue watching Ukraine crisis; China holds steady on benchmark lending rate

KEY POINTS Shares in Asia-Pacific were mixed on Monday. Fears of a potential Russian invasion of Ukraine likely continued weighing on investor sentiment. China on Monday held steady on a benchmark lending rate, with the one-year loan prime rate kept unchanged at 3.7%. All 24 financial institutions in a snap Reuters poll predicted no change

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