The Sandbox (SAND) Crypto News Today

Thailand is set to launch a pilot program in Phuket in 2025, enabling tourists to use Bitcoin for transactions and streamlining digital payments.

The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July.

The World Economic Forum has urged policymakers to adopt sandbox-based frameworks to enhance regulatory clarity for DeFi innovations and address key risks.

The growing social media and online gaming usage will require more decentralized and community-owned alternatives.

The HKMA has introduced new principles for using generative AI, emphasizing governance, transparency and data protection in consumer-facing applications.

The HKMA collaborates with Cyberport to launch a generative AI sandbox, targeting fintech innovations in finance.

By establishing a comprehensive regulatory framework, the city aims to attract global fintech talent, foster innovation and ensure the security and integrity of digital asset transactions.

The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox.

The bulk of the $90 million reported came from “digital asset advisory.”

By joining the EU program, the digital asset tokenization platform will contribute to ensuring legal clarity for blockchain technologies.

The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale.

During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators.

The new DAO will allow SAND and LAND owners to vote on platform projects, aiming to enhance transparency and community involvement.

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.

Bitcoin-based NFTs have flipped Ethereum in weekly sales volume in a rally led by uncategorized Bitcoin Ordinals and the NodeMonkes collection.