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In February 2022, the group of tiny islands, a close ally to the U.S., and geographically between Hawaii and Australia, became the first nation to recognize DAOs as legal entities. Since 2021, under the previous act, the Marshall Islands has incorporated almost 100 DAOs. Original Source
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The Republic of the Marshall Islands (RMI) has completed its annual talks with the International Monetary Fund (IMF). The country is expected to see gross domestic product (GDP) growth this year, the IMF concluded, in a recovery from the impact of COVID-19 and the contraction of its fishing industry. Climate
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The Faroe Islands have issued a new series of digital “crypto stamps,” with a digital copy stored on the blockchain as a nonfungible token (NFT) while still serving as actual postage. On June 23, the Posta Faroe Islands’ official website for issuing postage announced that the autonomous region issued its first collection
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The 3AC founders will be found in contempt of court if they fail to reply to the order. Source
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The same week that Bulgarian authorities were raiding Nexo’s offices and indicting four individuals for charges related to money laundering, the crypto lender filed suit in the Cayman Islands.In a document dated Jan. 12, Nexo filed a lawsuit against the Cayman Islands Monetary Authority, or CIMA, for denying its registration
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The Republic of the Marshall Islands, an independent island state located in the Pacific Ocean near the Equator, has announced that the Decentralized Autonomous Organizations Act of 2022 has officially been passed into law.The law recognizes decentralized autonomous organizations and enables legal entities registered in the country to formally adopt
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Per the announcement, entries to participate in the buildathon will continue until January 9 2023, and the submissions will be judged by a panel of NFT and metaverse veterans.Renovi, a metaverse marketplace, and design studio has launched the first Non-Fungible Token (NFT) Buildathon in partnership with Aftermath Islands Metaverse Limited.
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Huobi's affiliate Brtuomi Worldwide is one of the first exchanges in the British Overseas Territory to offer compliant crypto derivatives and trading services. In addition, Huobi, a major cryptocurrency exchange, is expanding its worldwide presence by entering the British Virgin Islands, a British Overseas Territory. Huobi stated on Friday that it
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Huobi Group, founded in China, has been focusing on its global strategy after the country banned crypto trading and forced exchange platforms to move elsewhere. In July, a Huobi Global affiliate secured a money transfer license in the U.S. that would allow foreign exchange and money transfer operations across the
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Major cryptocurrency exchange Huobi continues to expand its global footprint by entering the British Virgin Islands, a British Overseas Territory.Huobi officially announced on Friday that it had secured an investment business license from the Financial Services Commission (FSC) of the British Virgin Islands. The approval allows Huobi to operate a
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