🚨 Big news in the blockchain world! Sorare, the fantasy sports platform, has been charged with providing unlicensed gambling facilities in the U.K. 🇬🇧 This marks the Gambling Commission's first action against a blockchain-based platform, potentially setting a precedent for future Web3 regulations.

Sorare, known for its NFT-based soccer, basketball, and baseball games, denies the claims, stating that the Commission has misunderstood their business model. The case will be heard on Oct. 4 in Birmingham Magistrates’ Court.

What do you think this means for the future of blockchain and Web3? Drop your thoughts below! 💬 #Blockchain #NFT #CryptoRegulation