Grand Theft Auto has followed Minecraft in banning NFTs and cryptocurrencies from its online third-party servers.
Developers cannot integrate cryptocurrencies or crypto assets such as NFTs on GTA servers.In July, Minecraft creators Mojang Studios banned NFTs from its servers.
The company stressed that it still supports these servers despite the new restrictions. It also banned the importation or misuse of other IP in the project, including other Rockstar IP, real-world brands, characters, trademarks or music; and making new games, stories, missions or maps. What will happen to companies already running games including NFTs now isn't clear. Among them, Australia-based MyMetaverse runs Grand Theft Auto V servers that integrate tokens as well as NFTs in the form of cars and swords. It launched this in September in partnership with Enjin.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Big questions about how laws and taxes apply to NFTs and the metaverseWhat's faster, a regulator coming up with rules for crypto or a developer coding the next new thing? While they are doing their best, lawmakers seem to have trouble keeping up with blockchain technology. (Via CointelegraphZN)
Read more »
Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and moreChinese tech companies are pushing into the Metaverse ahead of the World Cup, nonfungible token (NFT) marketplace X2Y2 reverses its royalties decision, Givenchy drops NFTs in parallel with a new fashion collection, and new Johnnie Walker NFTs allow users a vote on bottle design.
Read more »
San Mateo police 1st in California to offer anti-theft catalytic converter kitThe San Mateo Police Department has become the first law enforcement agency in California to offer a self-install marking kit designed to combat the theft of catalytic converters in automobiles.
Read more »
Sugar Land woman gets 18 years for theft, money launderingA Sugar Land woman has been sentenced to 18 years in prison for stealing more than $1...
Read more »
Dallas Co. District Attorney rescinds policy that would not prosecute baby formula, diaper theftDuring his first term, Creuzot set a policy that would not prosecute the theft of necessary items like food, diapers and baby formula between $100-$750, a class B misdemeanor.
Read more »
Police task force busts Los Angeles train cargo theft ringsOne year after gangs of thieves looted Western Pacific trains leaving Los Angeles, a police task force has brought down two cartels that stole $18 million in high-priced goods and sold them through online marketplaces.
Read more »