The regulations will take effect on Jan. 8, with the Bank of England and U.K. Financial Conduct Authority operating the sandbox.
Category: sandbox
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Brazilian securities regulator plans sandbox for tokenization in 2024
Daniel Maeda with 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.
Singapore regulatory sandbox lacks qualified crypto payment providers
The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are more prevalent in the fiat economy.
McDonald’s debuts McNuggets Land in The Sandbox
McDonald’s Hong Kong has picked The Sandbox to build its first Web3 experience, the McNuggets Land.
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UK financial watchdog announces launch of permanent Digital Sandbox in August
According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments.
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EU blockchain sandbox unveils first 20 use cases after wave of applications
According to the European Commission, 20 projects have been selected in the first cohort to receive legal advice and regulatory guidance.
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The Sandbox partners with Ledger Enterprise to secure metaverse businesses
As part of the partnership, all NFTs in The Sandbox’s collection wallet will be transferred to the Ledger Enterprise wallet.
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EC launches blockchain regulatory sandbox for 20 projects annually through 2026
The sandbox will match up public and private sector projects with the appropriate participating regulators for assessments and consultations.
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Saudi Arabia partners with The Sandbox for future metaverse plans
In a partnership ceremony at the LEAP 2023 conference in Saudi Arabia, the Sandbox entered into an MOU with the government of Saudi Arabia for future metaverse development.
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3 reasons why the MANA and SAND metaverse token rally could end soon
Apple’s rumored VR headset launch appeared to fuel a sharp rally in metaverse tokens, but data suggests that the momentum is not sustainable.
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