The initiative is aimed at combating fraud and will kick in at the start of next year.
UK to Cooperate With Crypto Industry on Legislation for Digital Securities
The government said its plans for a digital securities sandbox (DSS) were largely welcomed by respondents.
Hawaii to Let More Crypto Companies Join Regulatory Sandbox
Hawaii’s Digital Currency Innovation Lab is accepting a second round of applications through Feb. 26.
Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included
The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.
Security Token Platform iSTOX Admitted to Central Bank Sandbox
iSTOX, a Singapore Exchange-backed security token platform, has joined a regulatory sandbox set up by Singapore’s central bank.
Crypto Startups Barred from Indian Central Bank Fintech Sandbox
The Reserve Bank of India is setting up a regulatory sandbox for fintech startups – but crypto projects are excluded.
Wyoming Lawmakers Advance Blockchain ‘Sandbox’ Bill
A Wyoming legislature committee has approved a regulatory sandbox bill, sending it to the full House for a vote.
Middle East’s First Central Bank-Backed Crypto Exchange to Launch in 2019
After a year in the Central Bank of Bahrain’s regulatory sandbox, Rain Financial is gearing up to offer crypto on-ramps from all regional currencies.
Sandboxes Aren’t Enough: Blockchain Leaders Seek Regulation Relief
Even in blockchain-friendly jurisdictions, some say regulatory hurdles and old mindsets are holding back innovation and growth for the industry.
Regulators Plan ‘Global Sandbox’ for Fintech Including Blockchain
A number of regulators from across the globe are forming a new alliance to facilitate the development of fintech in cross-border solutions.
UK Watchdog Welcomes First Crypto Startups to Regulatory Sandbox
The U.K.’s financial regulator is allowing startups focused on blockchain and crypto assets into its regulatory sandbox for the first time.
Crypto Startups Don’t Need Sandboxes, They Need Greenhouses
“Sandbox” is a bad term to describe these regulatory programs, under which financial technology solutions can be safely seeded, fed, and controlled.
EU, US Lawmakers Tout ‘Sandbox’ Approach for Blockchain Development
Lawmakers at CoinDesk’s Consensus 2018 conference today argued that regulatory “sandboxes” may offer the best approach for blockchain innovation.