Netmarble’s MARBLEX Secures Whitelist Approval for MBX Token in Japan

Metabora Singapore Launches Global Pre-Registration for PvP Gaming Platform ‘Skill Blitz’Metabora Singapore, a subsidiary of South Korean blockchain game developer Metabora, announced today that it has begun the global pre-registration of Skill Blitz (formerly known as Borabattle), a gaming platform that enables players to engage in player-versus-player (PvP) battles.Photo by Hans-Peter Gauster on UnsplashAvailable on various app storesSkill Blitz is developed by Neptune Company, a game affiliate of South Korean tech giant Kakao. The platform allows early sign-ups from all over the world except for South Korea, China, and Singapore. Those who wish to participate can register through the Google Play Store, the Galaxy Store, and the Apple App Store.In-game item giveawayAt the time of Skill Blitz’s official release, Metabora Singapore will run a promotional event that offers in-game items and exclusive profile pictures.Trade in-game items with cryptoSkill Blitz is a joint project initiated by key governance council members of the Bora blockchain, namely Neptune Company, Kakao Games, Mobirix, and Metabora. This platform enables players to engage in friendly competition across a variety of casual games, including solitaire, bingo, and puzzles. Furthermore, gamers can visit the Bora Portal to trade their in-game items for virtual assets such as BORA, MATIC, and USDC.In this collaborative initiative, Neptune will take charge of Skill Blitz’s development and service, while Kakao Games will provide support for service operations. Metabora will be responsible for overseeing the app’s blockchain infrastructure, and Mobirix will provide its own content to the app and utilize its user base to drive global marketing efforts for the application.

Spotlight on Daegu as Blockchain Strategy Forum ApproachesThe 2023 Blockchain Strategy Forum is set to take place in the South Korean city of Daegu on May 26, according to an announcement from crypto exchange operator Flata EX.Photo by Shubham Dhage on UnsplashDiscussing strategic initiativesThe conference, jointly hosted by the city’s industry promotion institute Daegu Technopark, local newspaper Daegu Shinmun, and Flata EX, will invite leading experts from the blockchain industry to discuss strategic approaches and initiatives related to blockchain technology.Incorporating blockchainThe primary focus of the conference will be to deliberate upon development and promotion strategies that can contribute to the growth of the Daegu economy. Special emphasis will be placed on discovering strategies for integrating blockchain technology into areas such as environmental, social, and governance (ESG) management, and administrative processes, thereby fostering a culture of innovation.Diverse panel of expertsA diverse mix of participants from academia, legal, and government sectors are expected to attend the event, engendering a comprehensive dialogue on the subject. Key attendees will include Hwang Suk-jin, Chairman of the Korean Association for NFT; Jeong Jae-wook, a digital assets attorney at Joowon Law; and Ryu Dong-hyun, the head of Daegu City’s AI and Blockchain Department Division.Beyond virtual assetsAn official from Flata EX told Korea Economy TV that the upcoming forum will offer valuable insights into how blockchain technology can foster innovative work environments. The official added that the discussion will extend beyond the blockchain’s usage in virtual assets and delve into its potential to transform administrative systems and procedures.

Indonesia Embraces XRP, ADA as Tradable Crypto AssetsIn a significant move towards cryptocurrency acceptance, the Indonesian government has taken a momentous step by including a range of digital assets, including XRP and ADA, in a recently published regulatory document.Photo by Nick Agus Arya on Unsplash501 digital assetsThe document, published earlier this month, comprises an extensive list of 501 cryptocurrencies that are eligible for trading within the country. Unsurprisingly, BTC and ETH feature on the list. Other notable cryptocurrencies that have been listed include SOL, LTC, DOT, SAND, and UNI. This development is seen as a positive stride towards wider crypto adoption and holds the potential for broader use of all of these assets. In the case of XRP, it provides it with greater potential to become a viable means of payment within the region in the future, even though current regulation within Indonesia prohibits payments for goods and services in anything other than the rupiah.Defining tradable assetsThe regulatory document, officially titled “Supervisory Body Regulation Commodity Futures Trading Number 4 of 2023,” signifies an amendment to the Trade Controlling Agency Regulations Commodity Futures Number 11 of 2022. Its main objective is to identify the assets that can be traded in the physical market of crypto assets within Indonesia.Colin Wu, a prominent Chinese reporter, shared this significant development on Twitter, sparking interest and discussions within the crypto community. The news has been met with a mix of optimism and caution from Indonesian individuals. One Indonesian YouTuber expressed enthusiasm for the country’s XRP-friendly stance and voiced hope for XRP to eventually attain legal tender status. However, others, like Twitter user Pondok Indah, urged the government to focus on regulatory oversight and taxation rather than direct involvement in the crypto business.This development takes place in the broader context of Indonesia’s evolving crypto landscape. According to a 2022 research report titled “The 2022 Global Crypto Adoption Index: Emerging Markets Lead in Grassroots Adoption ‘’ by Chainalysis, Indonesia ranked at the top among the 20 countries analyzed in terms of peer-to-peer (P2P) exchange trade volume. The country has demonstrated its active participation in the crypto market, with Indodax, the largest Indonesian exchange, adding support for FLOKI, an up-and-coming cryptocurrency, back in April.That said, as we’ve seen in many other jurisdictions, the development of regulation and policy relative to digital assets has not been without its hiccups. Last month, the governor of Bali warned the foreign tourists that flock to the Indonesian island that there would be consequences for those that flouted Indonesian law and used crypto as a form of payment for goods and services.Indonesia’s recognition of the potential benefits of digital assets demonstrates a path forward for other nations to follow. Providing regulatory clarity with regard to digital assets bolsters investor confidence but also opens doors for innovation and financial inclusion. In taking this approach, the Southeast Asian country is setting the stage through which digital assets can contribute to economic growth and technological advancement.