Twitch co-founder: NFT gaming industry is’ much bigger ‘than Twitch

On February 8, Twitch co-founder Justin Kan tweeted that the NFT gaming industry is “much bigger” than Twitch, which has millions of users. According to his profile, he is currently developing games for Web3 games and their fans. (U.T oday)

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The U.S. House of Representatives rejected a proposal to bring stablesoin issuers into the banking system so as not to limit competition
On February 9, the U.S. House Financial Services Committee rejected a proposal by the Treasury Department to bring stablesoin issuers into the banking system at a just-concluded house hearing. Treasury issuance restrictions will be steady in a depository institutions with insurance or MIDI (with the FDIC insurance agencies, most of them including the bank), but the financial services committee that stable currency regulation not copying bank regulation of the best abrasive tool, but through common-sense rules, and a stable currency risk falls under the circumstance of congress to be included in the MIDI framework, The proposed form of regulation would limit competition and affect racial equality. (TheBlock)

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KPMG: Crypto investment in Singapore grew more than 10-fold in 2021 to record high

Feb 8 — Singapore’s investment in the cryptocurrency and blockchain sector jumped more than 10-fold to a record high in 2021, cementing the city-state’s position as a crypto hub, according to KPMG’s Pulse of Fintech report released on Tuesday. There were 82 deals worth $1.48 billion last year, compared with $110 million in 2020. Most cryptocurrency and blockchain transactions last year targeted software and underlying infrastructure rather than services, the report said. KPMG expects crypto investment in Singapore to remain strong this year, even with increased regulation

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AMC, a large theater chain in the United States, has launched an NFT campaign for batman

On February 8, AMC, a major theater chain, announced that moviegoers who purchase or reserve tickets before February 14 and see the batman movie before March 6 will receive a limited edition batman NFT. The NFT series is being developed by Warner Bros., which owns the Batman franchise, and AMC.

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Konami will continue to sell NFT to ‘preserve content’

KONAMI detailed its future policy on NFT at its latest financial results meeting. KONAMI says it will continue to use NFT as a form of preservation and will sell NFT to preserve the content our customers love as memorial art.

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