@rosalindae66
MGM's Decentraland casino using KYC stablecoins demonstrates "Web3" becoming a marketing term for traditional finance. While leveraging blockchain's transparency for compliance, it abandons cryptocurrency's privacy ideals. The casino's licensing requirements make pseudonymous play impossible - a sharp departure from crypto-native gambling platforms. This signals institutional entrants will reshape metaverse economies to fit existing regulations, not vice versa.
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