The Indonesian financial authorities said that by the beginning of 2025, the government will implement a regulatory sandbox for crypto assets in an effort to prevent fraudulent investments.
Sandbox News
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Bitcoin-based NFTs have flipped Ethereum in weekly sales volume in a rally led by uncategorized Bitcoin Ordinals and the NodeMonkes collection.
1427Big brands like Gucci, Adidas and Lacoste continue to explore and create virtual experiences in The Sandbox’s metaverse throughout the bear market.
5243The Hong Kong-owned magazine now owns virtual real-estate in the Sandbox Metaverse.
3007Crypto projects like Avalance, Aptos, The Sandbox, Optimism and Sui are set to release millions in vested digital assets this month.
7878The regulations will take effect on Jan. 8, with the Bank of England and the U.K. Financial Conduct Authority operating the sandbox.
3473Gaming studio founders Yat Siu and Johnson Yeh think more people are coming to Web3 next year — and blockchain games are why.
12614As the firm moves to open up The Sandbox Map, co-founder Sebastian Borget said he believes individual creators and brands will ultimately drive what the metaverse of the future will offer.
4767Daniel Maeda of Brazil’s CVM said during Rio Innovation Week the regulator plans to explore a regulatory sandbox for use cases of tokenization, potentially starting in 2024.
4096Sandbox co-founder Sebastien Borget says the metaverse sector is thriving in Hong Kong, Korea and Japan.
6738In its fight against money laundering, Singapore provides operational licenses to crypto businesses that can showcase robust Anti-Money Laundering controls.
5538The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisers.
5046An NFT trader who noticed a bot was copying his trades tricked the bot out of 800 ETH, worth around $1.5 million.
2177Unverified users can still withdraw staked SAND but will be unable to make further deposits.
5969NFT company Yuga Labs is set to acquire a metaverse-building startup to advance its Otherside metaverse project.
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