Redlab Games launches RPG Tokenomics, Circle applies for trust bank license, Iran completes $10 million crypto transaction, and other Web3 news

Redlab Games has launched ‘RPG Tokenomics 3.0’ for its upcoming Web3 MMORPG, integrating a Play-to-Earn system with two unique tokens, and is currently holding pre-registration events with rewards until August 7th. (📰AInvest)
Pi Network has allocated 65% of its total supply to community members and employs a slow supply increase strategy to maintain stability, while emphasizing the importance of community engagement and transparency for new crypto projects. (📰OneSafe)
Circle has applied for a trust bank license to operate as a federally regulated trust institution, aiming to enhance the infrastructure for USDC and align with evolving US regulations on payment stablecoins. (📰The Paypers)
Iran has completed a $10 million cryptocurrency transaction to facilitate trade bypassing US sanctions, with plans to adopt cryptocurrencies and smart contracts widely by September. (📰The Paypers)
Notabene Transact is a real-time transaction authorization solution designed for regulated entities, focusing on compliance and scalability for cryptocurrency transactions through its Transaction Authorisation Protocol (TAP). (📰The Paypers)