UK introduces new regulations for Digital Securities Sandbox
The United Kingdom has introduced new regulation providing the country's financial sector watchdogs with the rules for supervising a Digital Asset sandbox for tokenized securities.
The United Kingdom has introduced new regulation providing the country's financial sector watchdogs with the rules for supervising a Digital Asset sandbox for tokenized securities.
Helen Boyd, head of the Financial Conduct Authority, said the new sandbox pilot would explore tokenized instruments, acting more as an infrastructure sandbox in contrast to its current status.
In the past week, the U.K. has been moving quickly with innovations related to digital currencies, blockchains, and financial innovation in general.