Ghana Central Bank Announces Launch of Regulatory Sandbox

Ghana's recently launched regulatory and innovation sandbox is the latest proof of the central bank's commitment to a regulatory environment that promotes “innovation, financial inclusion and financial stability,” a statement released by the Bank of Ghana has said.

Timeline of The-sandbox

The Sandbox (SAND) has been showing bullish signals and rising steadily, recording a 0.5% spike in the market. Sandbox price on an uptrend; rises by 76% SAND price trades upwards; depicting a long-term bullish trend Sandbox is bullish due to an increased investor and influencer interest  The market has seen aggressive strides in the past couple of weeks which is forecasted to be long-term.

The Sandbox has regained control of its Instagram account following a hack in the early hours of Thursday morning, the company said in a blog post. The post The Sandbox Instagram back online following hack appeared first on The Block.

The Global digital asset industry has been dealing with the back to back hacks and stealing events over the past two days. Sandbox is the latest decentralized virtual gaming firm that has been compromised.

Despite breaking out from a long-term descending resistance line, the Sandbox (SAND) is trading inside a corrective short-term pattern. The direction of the trend is still undetermined.

Commodity Futures Trading Commission Chairman Rostin Benham believes that “digital assets and decentralized financial technologies have outgrown their sandboxes.” This is an interesting comment, given that they haven't really had any, at least at the federal level.

The Sandbox saw sales volumes for the virtual world digital land (LAND) fall significantly in the second quarter of 2022, sales data shared by Messari has shown. According to the company's report, primary sales in Q2 hit the lowest level in over a year.

The Sandbox saw a huge decline in sales in June due to a lack of investor appetite for non-fungible tokens (NFTs). The post The Sandbox (SAND) Hits New Lows; Sales Volume Declines by More Than $70M appeared first on BeInCrypto.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. The Sandbox has seen some demand for its token SAND over the past month.

The Sandbox's native cryptocurrency SAND has finally retested resistance after pushing back to May highs. This is courtesy of the bullish performance in the last four weeks, during which SAND rallied by as much as 100% from its bottom in mid-June.

The SAND price chart indicates that the cryptocurrency is in a bearish trend, with modest additional opportunities for bearish actions. The price of SAND/USD fell up to $1.36 after a wavy trend of uptrends and downslides of prices in the past few days but currently SAND is on a drastic fall.