U.K. Launches Digital Securities Sandbox Under New Regulation

As of January 8th, the U.K. has launched a new regulation, empowering the Financial Conduct Authority (FCA) and the Bank of England to supervise a special digital securities sandbox. This initiative is designed for the testing of tokenized securities and distributed ledger technology in a controlled environment. The sandbox enables companies to trial new financial technologies while under regulatory oversight.



This Digital Securities Sandbox (DSS) is not limited to tokenized securities but also explores the use of distributed ledger technology in digitizing conventional securities. This step is in response to the growing trend among global financial institutions towards asset tokenization. U.K. regulators are proactively adapting to this changing landscape, ensuring they understand and can regulate it effectively. Participants in


First found on: https://coinatory.com/cryptocurrency-news/u-k-new-regulation-15816/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP