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UK Regulators Launch Probe into NFT-Powered ‘Fantasy Sports’ Platform SorareWritten by: Philip Conneller

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UK gambling regulators have said they are investigating fantasy soccer platform Sorare. The French startup recently became the darling of the red-hot NFT market with a $680 million cash injection led by SoftBank. Sorare enables users to trade soccer-player cards using NFTs (non-fungible tokens), which can rise or fall in value depending on players’ real-world
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