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Singapore drafts rules for blind-box and trading-card sales

Regulation

Singapore’s Ministry of Home Affairs said regulations for blind boxes, including trading-card packs, are being drafted to address potential gambling risks. The ministry said it will release details and an implementation timeline later.

The rules could set conditions for operators selling chance-based products in Singapore.

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Deals & M&A

PrizePicks and OG.com launch digital trading card packs across US

PrizePicks launched PrizePicks Packs on 21 October in all 50 states and Washington, D.C., and OG.com introduced OG.com Rips eight days later, the companies said. PrizePicks offers packs priced from $1 to $2,500; OG.com offers NFL, NBA, MLB and Pokémon packs. OG.com said its product is not regulated by the CFTC.

PrizePicks launched digital card packs on Oct. 21 across all 50 states and Washington, D.C., followed eight days later by Crypto.com-affiliated OG.com.

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