FINTECHTV Editorial Team
Crypto Weekly with Kavita Gupta is back with yet another power-packed episode of news from the world of crypto and blockchain. On the Global News front, Facebook owner, Meta has been sued by an Australian consumer Watchdog for scam crypto ads, Ukraine has legalized crypto as President Zelensky signs the Virtual Assets Bill into law, and Russia gives Sberbank license to issue and exchange digital assets. Moving on to the world of NFTs and metaverse, HSBC enters the metaverse through a partnership with The Sandbox, BAYC Backer Yuga Labs buys Cryptopunks and Meebits, and according to Mark Zuckerberg, NFTs may soon be coming to Instagram. This week on Funding Stories, Diem team members raise $200 million to launch blockchain Aptos, Optimism raises $150 million in Series B funding, and Tokyo-based digital wallet Kyash has raised $41.2 million. Bringing news from the Indian Shores, notices have been sent by the Income Tax department to 700 crypto traders who are suspected of evading taxes from 2017-18.
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