BoE’s digital securities sandbox to lead to new regulatory regime
Five-year project to open for applications this summer
The Bank of England is set to launch a sandbox for digital securities this summer, inviting private sector players to set up real-world trading systems.
This could lead to the creation of a new permanent regulatory regime for digital securities, according to Sarah Breeden, a deputy governor.
The central bank announced on April 3 that it is consulting jointly with the Financial Conduct Authority on operating a “digital securities sandbox”. Breeden, speaking on April 15, said the regulators will
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