Tag: regulatory issues

Gala Games' Walking Dead Debacle Signals Web3's Regulatory Reckoning

Gala Games' Walking Dead Debacle Signals Web3's Regulatory Reckoning

• Commentary

The abrupt demise of Gala Games' The Walking Dead: Empires isn't just about a failed NFT game. This troubling state of affairs should set off alarm bells. Consider it Web3’s canary in the coal mine, sounding the alarm for more regulatory oversight in the largely unregulated space that is Web3....

PGI Global Scam Reveals DeFi's Regulatory Black Hole

PGI Global Scam Reveals DeFi's Regulatory Black Hole

• Commentary

The PGI Global case isn't just another crypto scam. It's a glaring indictment of the regulatory vacuum that currently exists in the Decentralized Finance (DeFi) space. No surprise—the mastermind behind PGI Global, Ramil Palafox, has allegedly duped investors out of almost $300 million. He attracted them with false promises of...

Magic Eden's ME Rewards: Genius Move or Web3's Next Regulatory Target?

Magic Eden's ME Rewards: Genius Move or Web3's Next Regulatory Target?

• Commentary

On the surface, this seems like an incredible opportunity for NFT creators. Stake ME tokens, trade NFTs even connect your wallet – and just like that, you’re earning points for more ME. 10 million ME tokens were distributed during Season 1, and Season 2 is shaping up to be just...

Further Reading

Crypto's UK Crossroads: Innovation vs. Control – Can Both Survive?

Seven million Brits are playing with crypto. Seven. Million. That’s not a fringe movement these days—that’s a growing majority of the population. Instead, the UK government is trying to take a victory lap for its ambition to be “innovative” and “safe” in the crypto space. I think they may actually...

UK Crypto Regulation: Will It Crush Southeast Asia's Web3 Dreams?

I get it. But the current regulatory path often seems more like an obstacle than an innovation pathway. Such a wall would, by default, cut off artists and entrepreneurs in Southeast Asia from accessing the opportunities that Web3 can provide, when many need them the most. We need to ask...

MiCA's Test: Can Europe Balance Crypto Innovation and Regulatory Rigor?

Europe's crypto ambitions are grand. MiCA, the Markets in Crypto-Assets regulation, holds the prospect of a single rulebook. Here is where promise versus reality become hugely evident, particularly when you have 27 nations at the table. The true test isn’t the drafting of that regulation, it’s the manner—including consistency—and intelligence—with...

Malta's Crypto 'Fast Lane' Could Undermine EU's Bold Web3 Vision

Malta’s long been a controversial topic, and recently, much of it has been for the wrong reasons. Fantastic that household names like Jupiter, Gemini and Coinbase are queuing up for EU licences. MiCA was meant to be this great, harmonized, single framework, hoooooray. One seat to rule them all, across...

Immutable's NFT Surge: A Win for Southeast Asian Artists?

The recent NFT market surge, with Immutable (IMX) overtaking Ethereum in sales volume, isn't just a statistic. It’s a potential lifeline for a segment of the art world often left drowning in gas fees and inaccessible platforms: Southeast Asian artists.Forgotten Voices, New Opportunities?Indeed, the NFT narrative has been unjustly centered...

NFTs' $144M Pump: Is This a Real Recovery or Fool's Gold?

That $144 million price tag definitely grabs your attention, right? A 37% increase in NFT sales volume … It’s starting to sound like we’re back in 2021, aren’t we? Wrong. Now, before you begin imagining Lambos and Bored Apes, allow us to temper those prospects with a healthy splash of...

5 Ways the GENIUS Act Could Empower Southeast Asian Crypto Artists

Let's talk about something seemingly distant, yet profoundly impactful: the GENIUS Act, a US bill aiming to regulate stablecoins. Why should you, or your favorite starving artist in Bali, or that up-and-coming musician in Manila be paying attention. This often overlooked and dry piece of legislation may be the gamechanger...

GENIUS Act's Hidden Danger A Crypto Journalist's Warning

As someone who’s spent the past few years wading through the blockchain trenches, sifting signal from noise, let me tell you, the "Guiding and Establishing National Innovation for U.S. Stablecoins of 2025" Act – the GENIUS Act – has me deeply concerned. It's not that regulation is inherently bad. This...