GameFi Faces Regulatory Headwinds in Major Asian Markets

GameFi Faces Regulatory Headwinds in Major Asian Markets
In the first few weeks of the year, a considerable amount of capital was allocated to investment pools looking for the next big thing in GameFi — the collision of crypto and gaming. In January, FTX established a $2 billion fund to target gaming; shortly after Singapore’s Crypto.com Ventures upped its $200 million fund to $500 million saying that gaming was one of the investment themes it planned to double down on.This enthusiasm that crypto investors have for gaming is matched by executives at some of the gaming industry’s largest incumbents: leadership at EA and Ubisoft have both said that…