'Why NFT Gaming Shouldn't Shy Away from Digital Asset Regulation' futureofgaming megafansesports
in 2021 by finding ways to artificially pump up the value of their digital assets. Other types of scams are, for example, fake marketplaces, phishing scams, rug pull and pump and dump scams. And lest we think we’re too smart to fall backward from a rug pull, they’re just so easy to do. We could feel as safe and assured us we could ever be, confident a project is going somewhere, but all it takes is for a bad actor to change their mind overnight to pull the rug out from under you.
If that happens to you and there is no one that should hear your legal cry, respond appropriately and regulate the market, are we really living in a bubble or has it burst? And for those who argue that criminal codes didn’t stop crime, competition rules didn’t put an end to foul market plays, the point is never to make them impossible, but to keep them in check, and make it safer for users .OK, so if we agree regulations could help, let’s start with the EU. Back in 2020, the European Commission adopted a digital finance package along with a proposal for the regulation of digital assets known as the Markets in Crypto assets Regulation or simply, the MiCA Proposal.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NAGAX Social Trading Platform Launches $100,000 Fund for NFT CreatorsNAGAX, next-gen cryptocurrency exchange backed by German fintech heavyweight NAGA, announces creation of NFT fund
Read more »
Madonna Paired a Sheer Corset with Board Shorts While Promoting Her New NFT SeriesMadonna Paired a Sheer Corset with Board Shorts While Promoting Her New NFT
Read more »
Instagram’s NFT Bid Begins in Earnest NowInstagram support for digital collectibles gets underway, with limited tests launching this week. That’s just for starters.
Read more »
Madonna Births a Tree in an NFT Collaboration For CharityThe project, titled 'Mother of Creation,' features the singer giving birth to various objects.
Read more »
Yuga Labs’ Otherdeed NFT sells for record $1.5 millionOtherdeed 59906, the eighth rarest NFT from Yuga Labs’ Otherside metaverse project, sold for a record 625 ETH (over $1.5 million).
Read more »