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The Sandbox co-founder: Historic Paris district ‘is becoming a new Web3 & Blockchain hub’

Web3/Crypto

Sebastien Borget with President Emmanuel Macron | X/borgetsebastien

By Crypto Republique

Jul 11, 2024

Sebastien Borget, co-founder and chief operating officer (COO) of the virtual world The Sandbox, stated that the historic district in Paris, Le Marais, is becoming a hub for Web3 companies. Borget shared his statement in a June 27 post on X after receiving a tour of a new Ledger office in that district.

"Thanks @Mo_RELS for the sneak peak tour of @ledger new offices in Paris - crazy they are literally 100 meters away of @thesandboxgame offices," said Borget. "Le Marais Paris 3rd arrondissement is becoming a new Web3 & Blockchain hub in France."

According to Bloomberg Crypto, Ledger Chief Experience Officer Ian Rogers said the company has set up a new headquarters in Paris and it is "one of the first crypto companies to have a headquarters like this." "I have had the pleasure of watching the Paris tech community really grow," Rogers said.

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Ledger is described on its website as "a fast-paced, growing company developing a variety of products and services to enable individuals and companies to securely buy, store, swap, and manage their digital assets."

The Sandbox is defined on its website as "a virtual gaming world where you can build, own, and monetize your gaming experiences on the blockchain." It provides interactive communication in real-time where users can collaborate, build relationships, and share experiences through the metaverse.

Rogers noted that "In France specifically…this is where the chip and pin…was invented, and you do have just incredible brains around engineering and security in general, so this is an amazing place for a company like Ledger to exist. That’s why it was started here and that’s why it still exists here," according to Bloomberg Crypto.

Borget became the co-founder and COO of The Sandbox in 2018. According to his LinkedIn profile, he has 14 years of experience in startups, four years in blockchain, and 11 years in mobile gaming. He also became the President of the Blockchain Game Alliance in 2020, advocating for NFTs (non-fungible tokens) and blockchain technology in games.

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European Crypto Initiative Team said: MiCA is 'critical... to regulate the rapidly evolving crypto-asset market with the EU.'

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The European Crypto Initiative Team: 'Big changes are coming to the crypto world in the EU, and it all starts with #MiCA'

The European Crypto Initiative (EUCI), a European blockchain advocacy group, stated that the Markets in Crypto-Assets (MiCA) regulations are poised to bring significant changes to the crypto world within the European Union. EUCI shared their statement on September 4 via a post on X.

Sep 6, 2024

Dimitrios Psarrakis, former EU Economist, on U.S. crypto regulations: ‘I see the footprint of MiCA in every suggestion.’

Dimitrios Psarrakis, a former EU economist, stated that U.S. lawmakers are attempting to align with the EU's crypto regulations as established by the Markets in Crypto-Assets legislation. Psarrakis shared his statement in an August 26 video posted by the European Crypto Initiative on X.

Sep 5, 2024

Kaiko, Research Team of Kaiko Smart Data, said FDUSD’s market share ‘increase is notable’

Kaiko, a Paris-based crypto market data provider, reported that the stablecoin FDUSD saw a "notable" increase in its market share on Binance, the largest crypto exchange in the world by trading volume, at the end of July. Kaiko shared this statement in an August 19 post on its website.

Sep 2, 2024

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