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European Commission: Opens blockchain regulatory sandbox | Fintech InShorts: Latest fintech news, analysis by experts

Less than 1 min.Read

European Commission: Opens blockchain regulatory sandbox

By Laura M

February 20, 2023

European Commission: Opens blockchain regulatory sandbox

European Commission launched a regulatory sandbox for innovative use cases involving Distributed Ledger Technologies (DLT)
The sandbox establishes a pan framework for regulatory dialogues to increase legal certainty for innovative blockchain solutions
Funded by the Digital Europe Programme and delivering on the SME strategy, the sandbox is running from 2023 to 2026
The most innovative regulator participating in the sandbox will also be awarded a prize
The sandbox will be facilitated by a consortium under the leadership of Bird & Bird
The Sandbox is open to companies from all industry sectors and public entities for projects beyond a proof-of-concept stage