Thailand launches TouristDigiPay, the first regulatory sandbox that allows foreign tourists to exchange digital currencies with Thai baht to easily make electronic payments. This new project is a strategic move by Thailand to counter the decreasing number of tourists and to revive the failing tourism industry by adopting cryptocurrency. Government
The United States Security and Exchange Commission (SEC) is in talks with El Salvador over a potential cross-border crypto sandbox. This partnership could redefine how digital assets are regulated and tested between nations. This discussion comes amidst tension between both nations about deportation policies, casting political thoughts over what could
The NFT market has evolved remarkably from its speculative beginnings, becoming an integral part of the digital economy by 2025. Beyond art, NFTs now encompass gaming, virtual real estate, fashion, and tokenization of real-world assets, reshaping industries and redefining ownership in the digital age. NFT Market Insights for 2024 The
The global crypto market is balancing between gains and losses. Bitcoin has been breaking its all-time high multiple times in the last few days, sitting at under $100K. After two weeks of nonstop performance, slight falls were witnessed today as BTC dropped to the $97K zone, resulting in a 1.09%
The crypto market may be in a brief slump, with the bulls taking a power nap as the market declines 0.49% over the past 24 hours. This follows a week of strong performances, highlighted by new altcoin all-time highs (ATHs) and Bitcoin‘s surge past the $99K milestone. Amid these, one
Thailand Securities and Exchange Commission (SEC) disclosed its Digital Asset Regulatory Sandbox. Thailand’s sandbox is aimed at fostering innovation in the cryptocurrency sector to ensure effective regulation. This move highlights Thailand’s commitment to balancing advancements in digital assets and regulatory frameworks. The Digital Asset Regulatory Sandbox provides a controlled environment
The Sandbox, a Web3 gaming company, has extended an invitation to Shiba Inu enthusiasts to engage in its decentralized gaming ecosystem. The platform is encouraging the SHIB Army to use “RiseOfTheMemecoins” within The Sandbox to secure unique SHIB-based avatars. To qualify for this offer, participants must hold both SHIB tokens
The Sandbox (SAND), a blockchain-based metaverse firm, is planning to make a significant move in the crypto market. The team is scheduled to make its next unlock of SAND tokens worth $134.4 million this month. On the other hand, SAND made a big move before the next unlock with a
Sebastien Borget, co-founder and Chief Operating Officer of The Sandbox, addressed the effect of its SAND token possibly violating U.S. securities laws in response to the sensational lawsuits brought against two top crypto exchanges this week. This week, the United States Securities and Exchange Commission (SEC) increased crypto enforcement. Thus,
The Sandbox (SAND) experienced a surge of 30% following the announcement of a strategic partnership between itself and Saudi Metaverse. The first government-backed blockchain project in the Kingdom of Saudi Arabia. Through this partnership, Sandbox will collaborate with Saudi Metaverse. Thus bringing its world-building tools and expansive NFT library to
