On the first CryptoWeekly episode of 2022 with Kavita Gupta, we bring to you the latest from the world of crypto and blockchain. On the Global News front, ProShares has sought SEC approval to launch metaverse ETF, Iran has banned crypto mining until March 6, 2022, to save power, and Binance has signed an MoU with DWTCA. Moving on to the world of NFTs, in the year 2021, the trading volume of NFTs crossed $13 billion compared to $33 million recorded in 2020. The luxury carmaker, Ferrari, is eyeing digital collectibles, and the Swedish bank, Merco, is mulling launching its NFT collection. Back home, as India continues speculations around crypto regulations, mutual fund companies have been asked to avoid investing in crypto-related assets until a clear law is formulated.
For more, watch the episode.