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As narratives about corruption in Ukraine evolve, the Ministry of Digital Transformation hopes blockchain could solve that problem. While Ukraine still ranked the second most corrupt country in Europe, after Russia, it is now exploring new ways to battle corruption for fear of losing support from the West. The head of the
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The ICO has issued a formal reprimand to the Ministry of Justice (MoJ) after confidential waste documents were left in an unsecured prison holding area. Prisoners and staff had access to the 14 bags of confidential documents, which included
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The Treasury also gave crypto companies a time limited exemption to approve their own crypto promotions until more regulation comes. Original Source
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The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto Tracing Tool on Eve of Anti-Corruption
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The recommendations call for the creation of a new regulatory infrastructure, legislating licensing powers and supervision over the issuance of backed digital assets, including stablecoins, and the provision of financial services through them. The recommendations also call for legislation to be passed that would transfer supervision over digital assets “that
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Japan's Digital Ministry is to create a decentralized autonomous organization (DAO) to deepen its understanding of Web3 technology. Source
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The United Arab Emirates (UAE) Ministry of Economy has announced a new headquarters located where anyone in the world can visit — the Metaverse. According to Gulf News, the announcement was made on Sept. 28 by UAE Minister of Economy Abdulla bin Touq Al Marri during the Dubai Metaverse Assembly, with the
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The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines for incentivizing the growth of the budding ecosystem.South Korea’s interest in garnering Web3 and the Metaverse ecosystems is
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The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation
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