Dubai's financial regulators introduce a tokenization regulatory sandbox within the DIFC, providing crypto firms with a supervised environment to develop and test tokenized assets like equities and bonds. The post Dubai Financial Regulators Launch Tokenization Regulatory Sandbox for Crypto Firms appeared first on Cryptonews.
Dubai financial regulators are opening registrations for crypto firms to participate in the nation's first Tokenization Regulatory Sandbox, starting from March 17 to April 24.
The Sandbox has joined hands with Universal Products & Experiences and Amblin Entertainment to bring one of the film industry's biggest franchises, Jurassic World, to the metaverse. The post Jurassic World Partners with The Sandbox to Enter Metaverse appeared first on Cryptonews.
The Dubai Financial Services Authority (DFSA) has invited firms to express interest in joining its Tokenization Regulatory Sandbox before April 24, 2025. In a March 17 announcement, the DFSA—an independent regulator overseeing the Dubai International Financial Centre (DIFC)—stated that the initiative targets firms looking to offer tokenized investment products and services.
Despite the fact that the Dubai Financial Services Authority (DFSA), based out of Dubai (UAE), launched its regulatory framework for investment tokens in 2021, the regulator notes that it didn't witness substantial growth in the number of firms seeking to tokenize investments. It has now announced the launch of its tokenization regulatory sandbox.
Once the stars of the crypto market, metaverse tokens like MANA, SAND, and AXS have struggled lately.
The Bank of Russia introduced a proposal to allow highly qualified investors to purchase and sell crypto under an experimental framework lasting three years. Nonetheless, peer-to-peer transactions and payments would still be banned under this sandbox.
Gala Games has introduced additional payment methods for its Stars & Stripes Collectors Sale, featuring NFTs from Mirandus, Town Star, and VEXI, enhancing accessibility for collectors.
During NFT Paris, BeInCrypto had the opportunity to interview Sébastien Borget, co-founder and COO of The Sandbox. As the metaverse market is projected to reach a value of $103.6 billion in 2025, platforms like The Sandbox—a decentralized, community-driven virtual world built on the Ethereum blockchain—are at the forefront of this digital revolution.
Regulatory sandboxes have emerged as a concept to drive innovation in a controlled setting. They allow companies to test new crypto products and services while regulators observe and adapt regulations.
Cryptocurrency prices held steady on Thursday as investors waited for the upcoming nonfarm payrolls (NFP) and the Trump crypto summit. The total market cap of all coins rose by 2.8% to $2.98 trillion. Bitcoin held steady above the key resistance level at $90,000, while popular coins like Ondo Finance and Gala soared.
Gala has created history with its mind blowing hold over the world. The financial system was revolutionized when Gala started climbing the ladder.
For most of February, the crypto market trended sideways, but this week, activity has plunged due to the impact of Donald Trump's war trades. The downturn triggered over $800 million in liquidations in the past 24 hours as traders struggled with the volatility.
Gala has just launched a bridge that connects GalaChain with Solana, allowing users to transfer assets between the two networks.
Gala Games unveils Hearton, a limited-edition character in VEXI Villages, featuring a unique heart-shaped design. Only 200 units available, enhancing the gaming experience.
Over the last hour, bitcoin held steady between $96,850 to just above $97,000, backed by a $1.92 trillion market cap, as traders weigh $12.95 billion in daily volume on Sunday against a narrow 24-hour range of $96,731 to $97,744.
The Web3 Alliance of Saudi Arabia (WASA) has launched with three global Web3 players SandBox, Animoca Brands, and Outlier Ventures, as collaborators.
Gala Music announces the reintegration of DSP's streaming counts, enhancing artist rewards through Spotify's weighted distribution model using $MUSIC tokens.
The Sandbox, a leading social gaming metaverse, has launched a major update for its Game Maker platform, enhancing multiplayer capabilities, gameplay mechanics, and brand collaborations. This update empowers creators to build immersive, interactive experiences with cutting-edge tools and expanded brand assets.
The cryptocurrency market is witnessing a modest rebound, but some altcoins struggle. SAND, APT, BERA, and ARB face declining momentum, raising concerns among analysts.
Token unlocks are events when blockchain projects release previously restricted tokens to the market. These events are carefully planned to manage market impact and volatility.
SAND, the native token of The Sandbox, is seeing a resurgence in momentum, breaking out of a falling wedge pattern, a historically bullish chart formation. As of now, the price of SAND has surged by over 10%, currently trading at $0.3995.
Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.
SAND's breakout from the falling wedge could fuel further gains, but key resistance levels remain.
Crypto gaming tokens have dropped hard over the past day as Bitcoin, Ethereum, and other majors are hit by Trump trade war fears.
Gala Music unveils the 'Road to Fame', a gamified feature offering enhanced rewards for Mystery Box owners, utilizing $MUSIC tokens. Discover the innovative upgrade path and earn exclusive prizes.
The co-founder of the popular metaverse platform discusses how Asia is driving the next wave of Web3 innovation.
Thailand's cryptocurrency sandbox program in Phuket was announced during an ASEAN economic discussion.
Thailand is set to launch a cryptocurrency sandbox later this year, with plans to base the initiative in Phuket.
Thailand is planning to launch its cryptocurrency sandbox before the end of this year. According to former Prime Minister Thaksin Shinawatra, the sandbox will likely be launched around October and will be located in Phuket.
Cryptocurrency analyst Benjamin Cowen is issuing a warning on Bitcoin (BTC) as the flagship digital asset hovers below $100,000. In a new video, Cowen tells his 858,000 YouTube subscribers that a continued rise in the yield on the US Treasury 10-year will have a bearish impact on Bitcoin.
Crypto giants are rallying at the inaugural Crypto Ball, energized by President-elect Trump's pro-crypto agenda and plans to position the U.S. as a blockchain leader. Crypto Ball: How Blockchain Giants Are Backing America's Innovation Push The Inaugural Crypto Ball, set for Jan. 17, at Washington D.C.'s Andrew W.
Altcoins like SPX, INJ, and SAND are trending today due to significant price movements and increased market attention. SPX has surged 17% in the last 24 hours, reaching a market cap of $1.4 billion and securing its position as the 9th largest meme coin.
The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.
As Bitcoin (BTC) continues to dominate headlines with its impressive rally—up 46% since November's election and 133% year-to-date—investors are increasingly turning their attention to altcoins with high growth potential at a lower price point.
The Sandbox [SAND], a major player in the blockchain gaming sector, has recently captivated traders with a significant breakout above a crucial resistance level of $0.62. This development has fueled speculation about SAND's potential to reach the $1 milestone, driven by growing market momentum and favorable on-chain activity.
SAND targets $1.00 after breaking key resistance with bullish signals driving momentum.
Latest updates on the coins SAND, QNT, and OM.
GALA, a prominent altcoin in the cryptocurrency market, has recently captured the attention of traders and investors with a significant price surge. From a local low of $0.0295, GALA has climbed an impressive 35.4% in less than 24 hours, now trading at around $0.04.
The $0.052-$0.056 region is an interesting zone of the liquidation heatmap and a target for GALA over the next week.
The appearance signaled a potential shift in Washington's stance on cryptocurrency. Trump pledged to support the crypto industry's growth and innovation in the United States.
Thailand's former Prime Minister, Thaksin Shinawatra, has called on the government to explore the potential of cryptocurrencies. The post Ex-Thai PM Thaksin Shinawatra Urges Government to Embrace Crypto and Sandbox Innovation appeared first on Cryptonews.
A closely followed crypto analyst believes that the altcoin market is entering an uptrend after bottoming out.
The Gala (GALA) token, a prominent player in the decentralized gaming and metaverse space, has gained attention due to its fluctuating price movements and strong potential for future growth. As of December 2024, the live price of GALA is $0.0521, showing a modest uptick of 2.28%.
The Sandbox (SAND), a prominent player in the metaverse space, recently grabbed headlines with a staggering rally that pushed its price to $0.93—a level not seen in over two years. This remarkable movement marked a significant shift in market sentiment, with SAND confidently climbing above critical moving averages.
Can SAND's market sustain their renewed buying pressure this bull run?
Story Highlights The Gala price drops ~12% in 24 hours with a trading volume of $458.83 million. The technical indicators record increased volatility, indicating a mixed price action. Positively, a bullish reversal could push the price toward its $0.0790 level. The cryptocurrency market has kickstarted the week on a bearish note.
Sandbox (SAND) has been gaining traction as one of the standout gaming tokens in the cryptocurrency market. Recently, the sector has seen a surge in interest, with the overall market capitalization of gaming tokens rising significantly from $15.62 billion to $34.85 billion in just one month.