Bank of England and FCA launch Digital Securities Sandbox
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 01 2024Digital Securities Sandbox Launch: The Bank of England and the Financial Conduct Authority have introduced the Digital Securities Sandbox to explore the use of digital ledger technology in trading, settling, and issuing financial securities, aiming to enhance efficiency and transparency in the UK financial markets.
Strengthening Financial Hub Status: The initiative is expected to bolster the UK's position as a global financial center by allowing firms of all sizes to participate until March 2027, with a focus on promoting a safe and sustainable financial system while ensuring market integrity.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
