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The popular American rapper Snoop Dogg revealed at the end of September that he acquired land in the blockchain-based virtual metaverse The Sandbox and had plans to recreate his mansion. On December 2, The Sandbox held a “Snoopverse Land Sale,” which allowed participants to purchase land adjacent to the famous
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Popular gaming platform Planet Sandbox has announced it’s Initial NFT Offering (INO) on DarePlay as the platform’s inaugural launch and later on Babylons, a popular BSC-centric NFT marketplace. The DarePlay launch will occur on November 10, with a whitelist opening on November 1 for $DNFT and $PSB holders. Babylon’s sale
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Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release.The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site. Players can own in-game assets in the form of non-fungible tokens
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The metaverse continues to be the next attraction point of crypto for investors, with The Sandbox, an Animoca Brands subsidiary and nonfungible token (NFT) metaverse platform, raising fresh capital in a funding round led by SoftBank Vision Fund 2.Marking SoftBank Vision Fund 2’s first investment into the crypto assets, The
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As the United States continues to weigh out the best ways to include crypto businesses through an infrastructure bill, the state of Wyoming has taken proactive measures to attract Bitcoin (BTC) miners and other crypto businesses to its local jurisdiction. Wyoming’s crypto-friendly notion comes into light as the state has passed
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The main challenge companies face when testing and implementing innovative technologies is the need to amend existing legislation. Developing and testing new products based on distributed ledger technology requires special conditions that are often inconsistent with existing regulations.The solution to this problem would be the introduction of a special “regulatory
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Hawaii is letting more companies play in its no-license-necessary digital currency sandbox.The state reopened applications for Digital Currency Innovation Lab (DCIL) hopefuls on Monday, raising the possibility that yet more crypto exchanges and service providers could soon do business in the historically restrictive-to-crypto islands. State law requires crypto companies maintain
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Crypto-custody provider and securities firm, Propine, has graduated from the Monetary Authority of Singapore’s fintech regulatory sandbox program, emerging with a Capital Markets Services License and the green light to commence full operations.The Singapore-based securities services firm for institutional clients was admitted entry to the MAS regulatory sandbox on Nov.
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The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider. Source
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