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Tomorrow, First. News and intelligence for the agentic economy

  • Indians see future in crypto, government sees revenue, FM says

    Indian finance minister Nirmala Sitharaman said on Tuesday the government will discuss its position on cryptocurrencies after completing an ongoing consultation process. See related article: India government, central bank in ‘complete harmony’ on crypto: FM Fast facts Sitharaman said many Indians see a future in cryptocurrencies and the government sees opportunities for revenue in the…

  • UK regulator may cancel Eqonex’s registration over Binance, Bifinity ties

    The U.K. financial regulator has warned that it can suspend or cancel a firm’s crypto asset registration after noticing Binance’s new payment venture Bifinity’s partnership with Eqonex. See related article: Binance launches fiat-to-crypto service Bifinity Fast facts The Financial Conduct Authority (FCA) said on Monday that individuals or entities from Binance may have become beneficial…

  • S.Korean presidential hopefuls campaign to avatars in the metaverse

    The two leading candidates to become South Korea’s next president entered the metaverse to answer questions from avatars believed to be controlled by voters in their 20s and 30s. See related article: S.Korean presidential candidate issues over 22,000 NFTs Fast facts Ruling Democratic Party candidate Lee Jae-myung and opposing conservative People’s Power Party candidate Yoon…

  • Public will boycott crypto firms serving Russians: Ukraine minister

    Cryptocurrency exchanges will face public backlash if they continue to operate in Russia, Alex Bornyakov, Ukraine deputy minister of digital transformation, said in an interview with Reuters on Tuesday, reiterating his call for a blanket ban on Russian crypto traders. See related article: Coinbase blocks 25,000 Russian crypto wallet addresses Fast facts “Private business decides…

  • CoinDCX chimes in on India’s growing blockchain education needs

    CoinDCX has partnered with the Birla Institute of Technology & Science Pilani for crypto research, development and innovation among students, the crypto exchange said in a statement on Tuesday. See related article: India’s blockchain courses ramp up to meet demand for learning Fast facts Over 100 students are expected to be trained in blockchain technology…

  • SCMP remakes Hong Kong’s Star Ferry Pier on the metaverse

    The South China Morning Post (SCMP) has announced the launch of Hong Kong’s landmark Star Ferry Pier in The Sandbox metaverse, where visitors can experience historic moments through in-game quests. See related article: Covid shuts cinema but Hong Kong gets backup from the metaverse Fast facts The Star Ferry Pier in The Sandbox presents Hong…

  • China plans crackdown on illegal fundraising in metaverse, NFTs

    China Supreme People’s Procuratorate warned of “severe punishment” for financial crimes such as illegal fundraising and money laundering in a work report released on Tuesday.  See related article: ‘Metaverse’ enters government radar at China’s Two Sessions Fast facts China’s highest procuratorate has taken note of rising financial crimes deemed illegal fundraising, disguised as metaverse, non-fungible…

  • Binance launches fiat-to-crypto service Bifinity

    Binance has launched its own fiat-to-crypto service provider Bifinity to improve on-ramps and encourage more merchants to take crypto payments. See related article: Israel added to Binance’s list of global regulatory trouble spots Fast facts Bifinity offers over 50 cryptocurrencies and supports major payment methods, including Visa and Mastercard. Crypto business aggregator Coinmap has tracked…