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UK publishes digital securities sandbox regulations
19/12/2023 13:14
The UK has introduced a new regulation that will allow the country’s financial regulator to run a Digital Securities Sandbox (DSS), allowing companies to test new solutions and products under regulatory oversight. The new regulations, which will come into effect on January 8, will enable the Financial Conduct Authority (FCA) and the central bank to operate DSS, and businesses will also test distributed ledger technology, which supports cryptography to digitize or tokenize traditional securities. (CoinDesk)
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