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March 2023

Japan’s Web3 Era

Japan’s been a little behind in the Web3 space, but their new Metaverse Economic Zone could be a game changer.

Where is China’s digital economy heading? The ‘Two Sessions’ may give some pointers

Look for blockchain, self-reliance in technology discussions in China’s biggest political meetings of the year as China’s President Xi Jinping’s aims to build a digital economy.

What policymakers need to know about the metaverse to make the real world a better place

The metaverse has the potential to make the real world more just and inclusive, writes Sébastien Borget of The Sandbox. Here are the key ingredients for its future success.

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South Korea pours US$51 million into metaverse projects

March 2023

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South Korea pours US$51 million into metaverse projects

Japanese tech, finance firms sign pact to build metaverse economic zone

Tencent confirms ‘personnel reshuffle’ at metaverse unit, denies team being disbanded

Beijing football club launches NFTs ahead of its virtual stadium launch

China’s Suzhou city joins other regions in the country seeking to be metaverse hub

Meta’s metaverse division Reality Labs posts wider loss of $13.7 billion in 2022

February 2023

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Meta’s metaverse division Reality Labs posts wider loss of $13.7 billion in 2022

Shanghai Two Sessions: metaverse development requires stronger supervision

Slumdog Millionaire composer A. R. Rahman tunes into metaverse

January 2023

India’s religious festivals coming to a metaverse near your avatar?

India loves religious festivals, but are its citizens ready to attend such celebrations in virtual reality? An Indian startup reckons they are and launched its first effort this year, saying 20,000 avatars showed up.

US bill set to demand know-your-customer from crypto companies

Top blockchain and crypto news: US senators push for crypto KYC. SBF faces the music in US courts. Alibaba Cloud to launch blockchain node.

The next hundred million crypto users may come from gaming, Animoca founder says

With highly anticipated blockchain games set to hit the shelves in 2023, Animoca Brand’s Yat Siu sees the next opportunity to onboard the generation of crypto users.

NFT sales rise for first time in 7 months in November despite crypto price slump

NFT investors seemingly see opportunities in a month full of surprises and headwinds for the broader cryptocurrency market.

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Slumdog Millionaire composer A. R. Rahman tunes into metaverse

Japan game maker Gumi strikes US$52 mln metaverse deal with Square Enix, SBI

South Korea’s ‘metaverse’ province says will use virtual platform to expand ties with Vietnam

S. Korea energy conglomerate builds US$84 mln metaverse fund

Meta’s Mark Zuckerberg is still optimistic about the metaverse

South Korea’s Shinhan Bank starts ‘metaverse’ services, according to local media

December 2022

Will the future metaverse amplify the good or the evils of the real world?

The metaverse has the potential to improve access to opportunities and create a better version of the offline world. How do we prevent it from perpetuating society’s ills?

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South Korea’s Shinhan Bank starts ‘metaverse’ services, according to local media

S. Korea releases ethical guidelines for the metaverse

U.S., S. Korea applied for over 75% of world’s metaverse patents: report

S.Korea’s Ifland metaverse launches globally in 49 countries

Zuckerberg’s Meta plans to lay off thousands of employees: WSJ report

Crypto asset manager HashKey gets Singapore’s in-principle license

Asia’s largest metaverse Zepeto targets sex abuse, exploitation

November 2022

Horizon Worlds fails to lift Meta as users stay away

Top blockchain and crypto news: Mark Zuckerberg’s empty metaverse. South Korea to roll out blockchain IDs. Macau bets on digital money.

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Asia’s largest metaverse Zepeto targets sex abuse, exploitation

Meta AR/VR arm adds to mounting losses for Facebook parent company

Letter to Zuck: Meta, metaverse dreams must come down to earth

Interpol’s global police beat moves to metaverse amid hunt for Terra’s Do Kwon

South Korea mulls uploading headshots of sex offenders on 3D metaverse

Meta’s flagship metaverse said to fall short of performance expectations

UAE crypto market expected to grow 10-fold: report

Apparel, luxury goods industry has most brands launching NFTs

Joining The Sandbox metaverse: All the Cool Cats are doing it

Japan’s PM announces NFT and metaverse expansion

Apple CEO Tim Cook backs AR tech over the metaverse

October 2022

Banking in the Metaverse

Where does money fit into the future of the internet? We take a closer look as DBS plans to buy land in the metaverse.

South Korea’s industrial city to reinvent itself in the metaverse

Changwon is the latest addition to South Korea’s growing list of cities seeking a presence in the metaverse, signaling the country’s adoption of Web3.

Girl group AKB48’s producer to launch metaverse idol; IEO in the works

J-pop is increasing ties with immersive metaverse technology, with Japan’s top record producer Akimoto recently announcing his ambitious virtual idol project.

Animoca Brand’s Sandbox to launch metaverse in Dubai, other global cities

The Sandbox, a subsidiary of Animoca Brands Corp. Ltd., the Hong Kong-based game software and venture capital company, will be taking its Hong Kong metaverse strategy to a new market in Dubai, launching a “Dubaiverse,” the company said at the 62nd edition of the True Global Ventures Conference on Thursday.  Animoca Brand’s Dubai-themed metaverse will […]

Women in India start to plug into cryptocurrency trading

Crypto exchanges in India say the number of female investors isn’t huge, but it is growing even as prices slide and new taxes eat into revenue.

The metaverse is already here. What’s holding back the party?

Interoperability is a key characteristic for the metaverse to be useful, writes Dr. Dimitry Mihaylov of National Univ. of Singapore. But the technology and laws are still lacking.

Asia banking giant DBS jumps into The Sandbox metaverse

The Singapore-based bank said it will buy land in the metaverse to create the ‘DBS BetterWorld’ and build a virtual community.

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Apple CEO Tim Cook backs AR tech over the metaverse

Busan taps K-pop metaverse to win 2030 World Expo bid

Chinese university sets up metaverse major, names department after metaverse

South Korea and Meta to ramp up metaverse safety

India’s WazirX introduces new ‘learn and earn’ campaign with The Sandbox

South Korea will not rule the metaverse with game laws, science ministry says

South Korea’s Seongnam city to provide citizenship rights through NFTs

Tencent Cloud, Strange Universe Technology to explore virtual space for enterprise

Should K-pop’s BTS get pass on military duty? Metaverse jury still out

S.Korean man sentenced to four years for sexual abuse in metaverse

SK Telecom’s Ifland metaverse adds cashable in-app economy

S.Korea TV network partners with metaverse gaming platform The Sandbox

Hong Kong hosts Digital Asset Series seminars for mass literacy

Chinese central bank should issue RMB stablecoin for metaverse: academic

Naver’s Zepeto metaverse teams with Thailand’s telecom giant True

September 2022

NEAR Foundation, Forkast shortlist 20 Women in Web3 for inaugural Changemakers list

Ten winners will be selected by public vote, which will end on August 29.

Keeping it real: How metaverses connect to the physical world

Metaverses are more than gamified virtual spaces — they’re a different way to live real life, says Metapolis cofounder Sandra Helou.

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Naver’s Zepeto metaverse teams with Thailand’s telecom giant True

Temasek to lead US$100M funding round in Animoca Brands: report

S.Korea’s science ministry announces ethical principles for the metaverse

Beijing, Hengqin ramp up metaverse amid struggling economy

India blockchain forum plans to chart future with governments, regulators