đš Big news in the blockchain world! Sorare, the fantasy sports platform, has been charged with providing unlicensed gambling facilities in the U.K. đŹđ§ 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 Magistratesâ Court.
What do you think this means for the future of blockchain and Web3? Drop your thoughts below! đŹ #Blockchain #NFT #CryptoRegulation
