The Economic Observer published an article "How the Hong Kong Experiment of Offshore RMB Stablecoin Broke", which pointed out that the Hong Kong Stablecoin Ordinance is scheduled to be implemented in August or indicates that the experiment of offshore RMB (CNH) stablecoin is approaching. Referring to the experience of RMB business pilot in 2003, the implementation of CNH stablecoin can be advanced in three stages: First, the sandbox experiment (2025-2026): a pilot issue of CNH stablecoins by Chi...
On May 28, the decentralized gaming platform The Sandbox announced the launch of The Sandbox DAO. The DAO plan will be implemented in three phases, allowing The Sandbox (SAND) holders and virtual LAND holders to vote on projects and propose improvements through the Sandbox Improvement Proposal (SIP). The first phase will begin on May 28, and the community will be able to vote on the SIP; however, The Sandbox staff will still manage some operations. The second phase of the DAO's implementation is...