CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Barbados to establish a virtual embassy within Ethereum dApp Decentraland

November 16, 2021
in Regulations
Reading Time: 3 mins read
A A
0
Barbados to establish a virtual embassy within Ethereum dApp Decentraland
0
SHARES
8
VIEWS
ShareShareShareShareShare
Bybit - Get 50% APY on MANA & IMX

Barbados is primed to become the first sovereign nation with an embassy in the metaverse. The Barbadian Ministry of Foreign Affairs and Foreign Trade signed an agreement on Sunday with Decentraland.

The Caribbean nation will also formalize agreements with Somnium Space, SuperWorld, and other Metaverse platforms. This will allow them to legally declare their digital real estate as sovereign land.

The Ministry of Foreign Affairs, The Ministry of Science and Technology, and many other governmental bodies reviewed the plans over the last number of months.

The government will be working with various projects to identify and purchase land, architect the virtual embassies and consulates, develop facilities to provide services such as “e-visas” and construct a “teleporter” that will allow users to transport their avatars between the various worlds.

The country has also retained legal counsel, as the embassy will set a number of unique precedents. So far experts have said that the embassy will be compliant with international law as well as the Vienna Convention.

With the release of the embassy, tentatively scheduled for January, Barbados will become the first country in the world to recognize digital sovereign land.

Get an edge on the cryptoasset market

Access more crypto insights and context in every article as a paid member of CryptoSlate Edge.

On-chain analysis

Price snapshots

More context

Join now for $19/month Explore all benefits

RELATED POSTS

SEC fight over tokenized stocks could decide whether Wall Street keeps control

Brutal Regulatory Crackdown Will Hit Crypto Without CLARITY, Warns Coin Center

SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed

Bybit - Get 50% APY on MANA & IMX

Like what you see? Subscribe for updates.

Commitment to Transparency: The author of this article is invested and/or has an interest in one or more assets discussed in this post. CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. Please take that into consideration when evaluating the content within this article.

Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

Credit: Source link

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

AMC CEO Says Bitpay Will Support Shiba Inu — AMC Set to Accept SHIB Next Quarter – Altcoins Bitcoin News

Next Post

Nigeria’s E-Naira Gains Momentum, Tackles Influence of Volatile Cryptos

Related Posts

SEC fight over tokenized stocks could decide whether Wall Street keeps control
Regulations

SEC fight over tokenized stocks could decide whether Wall Street keeps control

April 7, 2026
Brutal Regulatory Crackdown Will Hit Crypto Without CLARITY, Warns Coin Center
Regulations

Brutal Regulatory Crackdown Will Hit Crypto Without CLARITY, Warns Coin Center

March 30, 2026
SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed
Regulations

SEC Chair Atkins just confirmed shock $68T timeline for tokenized markets that leaves legacy infrastructure dangerously exposed

December 8, 2025
Next Post
Nigeria’s E-Naira Gains Momentum, Tackles Influence of Volatile Cryptos

Nigeria's E-Naira Gains Momentum, Tackles Influence of Volatile Cryptos

LBank Exchange Will List LMCSWAP on November 15, 2021 – Press release Bitcoin News

LBank Exchange Will List LMCSWAP on November 15, 2021 – Press release Bitcoin News

Recommended Stories

SEC fight over tokenized stocks could decide whether Wall Street keeps control

SEC fight over tokenized stocks could decide whether Wall Street keeps control

April 7, 2026
Can US-Iran new peace deal signal keep Bitcoin above $70,000?

Can US-Iran new peace deal signal keep Bitcoin above $70,000?

April 8, 2026
Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

Treasury Proposes Stablecoin AML Rules as Bessent Vows to Protect US Financial System – Crypto News Bitcoin News

April 8, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • Four Crypto Projects Are Making Huge Progress Despite Sideways Markets, According to Trader Aaron Arnold

    0 shares
    Share 0 Tweet 0
  • Veteran Trader Peter Brandt Warns of SEC’s Full-Scale Assault on Crypto Staking — ‘It’s Going to Be a Bloodbath’

    0 shares
    Share 0 Tweet 0
  • These Digital Miners Will Reshape BTC Mining Accessibility in 2024: GoMining

    0 shares
    Share 0 Tweet 0
  • Top Crypto Analyst Forecasts Big Move for Binance Coin (BNB) on Bitcoin (BTC) Chart – Here’s the Outlook

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.