sandbox

Binance has now completed the integration of The Sandbox (SAND) on the Base network and has opened deposit and withdrawal services. Users can obtain their exclusive token deposit address through the relevant page and check the token's smart contract address on the aforementioned network.

According to Ledger Insights, the UK's Financial Conduct Authority (FCA) has announced that it will launch a stablecoin project group as part of its regulatory sandbox program, with an application deadline of January 18, 2026.Additionally, Bloomberg reports that the UK Debt Management Office is exploring the expansion of the UK government bond market, which will be related to stablecoin reserves. In a speech yesterday, David Geale from the FCA stated that a "large enterprise" has been included in the sandbox program to test a pound stablecoin for payments. Sandbox participants must ensure that their designs meet the requirements outlined in the FCA's consultation document from May. The UK adopts a dual-track approach to stablecoin regulation: the Bank of England regulates systemically important stablecoins for prudential and financial stability purposes; the FCA is responsible for the regulation of other stablecoins, as well as conduct and consumer protection for all stablecoins.

ChainCatcher news, the SANDChain Foundation announced the launch of SANDchain, developed on the ZKsync blockchain, aimed at providing transparent and programmable infrastructure for the creator economy.SANDchain introduces three types of value units: SANDpoints (network reputation and loyalty), Creator Points (creator support and allocation rights), and Creator Tokens (tradable assets linked to creators). According to the official introduction, SAND will serve as the native Gas token of the network, with application scenarios extending from within The Sandbox to a cross-platform creator ecosystem.

ChainCatcher news, according to Jinshi reports, the acting chairman of the Administrative Management Committee of the Macao Monetary Authority, Huang Shanwen, stated on August 30 at the 7th Guangdong-Hong Kong-Macao Greater Bay Area Financial Development Forum that Macao is actively promoting the construction of the "Digital Macao Pataca" project, planning to launch sandbox testing by the end of the year, and strengthening data and digital renminbi connectivity with banks. In the future, it will achieve interconnectivity of data currency between the Greater Bay Area and Macao, promoting financial innovation and collaborative development.

ChainCatcher news, according to market sources, The Sandbox founders Arthur Madrid and Sébastien Borget have stepped down from daily operations, with Animoca Brands CEO Robby Yung taking over as CEO.Borget will serve as a global ambassador, while Madrid will become the non-executive chairman. Meanwhile, the company has laid off over 50% of its staff, affecting teams in Argentina, Uruguay, South Korea, Thailand, and Turkey, and plans to close its office in Lyon, France, with further layoffs in Paris. This restructuring is seen as a strategic adjustment driven by technological advancements. Additionally, The Sandbox is gradually phasing out its metaverse business in favor of broader Web3 applications, including a memecoin launch platform based on Base.

ChainCatcher news, according to CoinDesk, Thailand has launched the Tourist Wallet for foreign tourists, which allows for QR code payments to exchange foreign currency for Thai Baht. However, the cryptocurrency exchange feature has been suspended due to regulatory review and is expected to be unavailable until mid-August.The Bank of Thailand stated that the purpose of launching the Tourist Wallet is to address a practical issue: cross-border QR code payments are currently only available in countries including Singapore, Malaysia, and soon-to-be-launched partner countries. Tourists from other countries still face inconveniences when making payments in Thailand, and the new wallet aims to solve this pain point.Tourists can top up their wallets in the following ways: using cash at service provider counters, linking foreign debit or credit cards, or through overseas bank transfers. The spending limits are as follows: merchants using card terminals can accept up to 500,000 Baht (approximately $13,800) per month, while small merchants can accept up to 50,000 Baht per month. Cash withdrawals are prohibited, and accounts can only be closed through redemption.

ChainCatcher news, according to Hong Kong media Ming Pao, JD Coin Chain has registered "JCOIN" and "JOYCOIN," which are expected to be names for related stablecoins. The report cites the registration description stating that the services involved with "JCOIN" and "JOYCOIN" include providing electronic fund transfers and cryptocurrency financial transactions through blockchain technology.It is reported that JD Coin Chain was shortlisted for the Monetary Authority's stablecoin sandbox program last year, and as of early June, it has reportedly been testing the Hong Kong dollar stablecoin in the sandbox and deploying experiments with other fiat currency stablecoins.

ChainCatcher news, according to the Bangkok Post, the Securities and Exchange Commission (SEC) of Thailand and the Bank of Thailand plan to launch a crypto regulatory sandbox aimed at foreign tourists, allowing visitors to exchange digital assets for Thai baht through licensed platforms and use them via locally regulated electronic payment services. The plan is currently in the public hearing stage, with an initial service period of up to 18 months, prohibiting direct crypto payments, which must be converted to fiat currency before transactions.The policy aims to enhance the competitiveness of tourism through crypto financial technology, and is expected to be implemented with the participation of compliant institutions, including Gulf Binance. However, the Tourism Authority of Thailand (TCT) has warned against a hasty rollout, calling for strengthened anti-money laundering measures and improved overall ecosystem readiness.

ChainCatcher news, according to CNBC, the UK's Financial Conduct Authority (FCA) announced on Monday a partnership with American chipmaker Nvidia (NVDA.O) to jointly build a regulatory sandbox environment that allows banks to safely experiment with artificial intelligence (AI) technology.The agency stated that starting in October, UK financial institutions will be able to conduct AI experiments using Nvidia's accelerated computing platform and AI enterprise software products. This innovative program, called "Supercharged Sandbox," is specifically aimed at financial institutions in the exploration and experimentation phase of AI. The FCA emphasized that for more mature AI application scenarios, the authorities have also set up live testing services. "The collaboration will help those institutions with AI ideas but lacking implementation capabilities," said Jessica Rusu, FCA's Chief Data Officer. "We will assist businesses in harnessing AI technology while safeguarding market and consumer rights and promoting economic growth."

ChainCatcher news, according to CoinDesk, the new CEO of SCB10X, the venture capital arm of Thailand's major financial institution Siam Commercial Bank (SCB), Kaweewut Temphuwapat, stated that Thai banks may soon be able to hold cryptocurrencies through a regulatory sandbox.Temphuwapat pointed out that Thai regulators have an open attitude towards financial innovation, and the country has established a sound payment infrastructure. As an early investor in Ripple, SCB10X has been using blockchain technology in its applications for over 5 years. He expects that as the regulatory framework for cryptocurrencies in the United States becomes clearer, it will drive more investments towards the Asian market. In addition, SCB10X will also focus on investment opportunities in the integration of artificial intelligence and cryptocurrencies.

ChainCatcher news, Liu Peng, CEO of JD Coin Chain Technology, stated in an interview that the JD stablecoin is a type of stablecoin based on a public chain and pegged 1:1 to fiat currencies such as the Hong Kong Dollar (HKD) or the US Dollar (USD). It has currently entered the second phase of sandbox testing and will provide mobile and PC application products for both retail and institutional users. The testing scenarios mainly include cross-border payments, investment trading, and retail payments.JD Coin Chain Technology is collaborating with leading compliant exchanges; in the retail payment scenario, it is integrating and testing with acquiring scenarios such as JD's Hong Kong and Macau sites.

ChainCatcher message, the decentralized settlement protocol Kima announced integration with Mastercard's Sandbox program, allowing Mastercard partners to recharge prepaid cards from self-custody wallets using stablecoins including USDC and USDT through Kima's settlement infrastructure.

ChainCatcher message, according to the meeting memorandum released by the U.S. Securities and Exchange Commission (SEC) on April 22, 2025, the Perkin Law Firm, the National Digital Assets Commission of El Salvador (CNAD), and former Goldman Sachs partner Heather Shemilt submitted a cross-border regulatory sandbox collaboration proposal to the SEC, aimed at promoting regulatory innovation in the digital asset space. This proposal provides the SEC with an opportunity to collaborate with international regulatory bodies to support the development and optimization of the U.S. digital asset regulatory framework with actual data.

ChainCatcher news, according to reports from Daily Economic News, Dr. Shen Jiangguang, Vice President and Chief Economist of JD Group, stated in an exclusive interview with a reporter from Daily Economic News in Hong Kong that currently, JD has entered the "sandbox" testing phase for stablecoin issuance in Hong Kong. The relevant legislation for stablecoins in Hong Kong is still being advanced, and there are no clear provisions yet. It is expected that after the approval of Hong Kong's "Stablecoin Regulation Draft," the Hong Kong Monetary Authority can officially release the specific implementation details for stablecoins based on this.

ChainCatcher news, Bybit CEO Ben Zhou posted on the X platform that he met with H.E. Nguyen Van Thang, the Minister of Finance of Vietnam, where he expressed Bybit's strong support for Vietnam's regulatory sandbox initiative and its vision of building a secure, transparent, and innovation-friendly digital asset ecosystem.It is reported that the meeting took place at the headquarters of the Ministry of Finance of Vietnam, focusing on the efforts Vietnam is making to establish a comprehensive legal framework for crypto assets. H.E. Nguyen Van Thang outlined Vietnam's plan to launch a pilot sandbox mechanism, which will allow regulators to test the issuance and trading of crypto assets in a controlled environment. The initiative aims to reduce risks, enhance investor protection, and ensure regulatory preparedness before formal legislation is enacted.

According to ChainCatcher news, as reported by Decrypt, several commissioners of the U.S. Securities and Exchange Commission (SEC) expressed support for establishing a regulatory sandbox for digital assets during the second digital asset roundtable, allowing cryptocurrency exchanges like Coinbase to experiment freely in new areas, including the provision of tokenized securities trading.SEC Acting Chair Mark Uyeda stated in a pre-recorded video statement, "I encourage market participants developing new ways to trade securities using blockchain technology to provide input on what exemptions may be applicable." Uyeda specifically noted that a "time-limited, conditional exemption relief framework" could provide unregistered cryptocurrency exchanges the freedom to innovate in areas such as tokenized securities before relevant rules and laws are established.

ChainCatcher news, according to Onchain Lens monitoring, Vitalik transferred 274.1 ETH (500,000 USD) to the contract deployed to the Zuitzerland developer 1sla.eth as a grant or donation.It is reported that Zuitzerland is a network nation sandbox aimed at prototyping experiments for future civilizations. It serves as a hub for pioneers in the fields of Web3, AI, biotechnology, brain-computer interfaces (BCI), privacy, and cryptography, promoting the secure acceleration of technology through residency programs, pop-up city events, and hackathons.

According to ChainCatcher news, as reported by Cryptoslate, the Dubai Financial Services Authority (DFSA) has announced an invitation for companies to apply to join its tokenization regulatory sandbox, with the application deadline set for April 24, 2025. The DFSA is an independent authority responsible for regulating the Dubai International Financial Centre (DIFC). In an announcement on March 17, the DFSA stated that the sandbox program aims to attract companies looking to offer tokenized investment products and services. The sandbox provides a controlled environment for businesses to test tokenized financial solutions under the supervision of regulators.The DFSA explicitly stated that eligible services include tokenized stocks, bonds, sukuk, and collective investment fund units. Both existing firms that are already authorized by the DFSA and wish to expand their tokenization business, as well as eligible new applicants, can submit applications. After submitting an application, businesses will enter the assessment process. Successful applicants will receive structured testing opportunities within the sandbox and tailored regulatory guidance. The DFSA emphasized that only companies with strong business models and solid compliance capabilities will be selected. This sandbox program is part of the DFSA's broader innovation testing license initiative, aimed at helping businesses refine financial products and prepare for full authorization.