Latest from Eliza Gkritsi
Play-to-Earn Squid Token Rockets 35,000% in 3 Days; Some Users Unable to Sell It
The token buys entry to an online game inspired by Netflix’s hit show, “Squid Game,” but Gizmodo noted several suspicious signs about it.

BSN Architect Red Date to Launch NFT Infrastructure in China
“Open permissioned” chains on the BSN are the only way NFTs will be allowed in China, says Red Date CEO Yifan He.

China to Release National Blockchain Standard Next Year, Says Official: Report
While cracking down on on the cryptocurrency industry, Beijing is pouring resources into blockchain for governmental and enterprise use.

New Adobe Photoshop Feature to Support NFT Verification on Marketplaces
Adobe will roll out a “prepare as NFT” option in preview by the end of the month.

Dubai Issues Rules for Security, Derivatives Tokens
The regulator also plans to roll out rules for exchange and utility tokens as well as stablecoins.

Ant Group, Tencent Change NFT References to ‘Digital Collectibles’: Report
NFTs appear to be facing regulatory heat in China.

Sino Global Capital Launches $200M Fund Backed by FTX
The fund will focus on Solana and Ethereum projects in Asia and specifically India.

Saudi Central Bank Mulls Blockchain for Finance, Rejects Phasing Out Cash: Report
Saudi Arabia was one of the first countries to experiment with a CBDC.

Kazakhstan to Limit Power for Crypto Mining to 100 MW Nationwide
New mines will have to consume less than 1 MW over two years in what has become the world’s second-largest bitcoin mining country.

Chinese E-Commerce Giant JD.com Reveals NFTs
JD Technology is offering free collectibles to people who sign up for its conference.
