Fun

News Feed - 2023-07-21 01:07:00

Turner Wright8 hours agoUK financial watchdog announces launch of permanent Digital Sandbox in AugustAccording to the FCA, the sandbox will be open to businesses, startups and data providers, including those involved in banking, investment, lending and payments.11055 Total views22 Total sharesListen to article 0:00NewsJoin us on social networksThe United Kingdom’s Financial Conduct Authority (FCA) has announced the launch of its Digital Sandbox, aimed at supporting tech firms in the early stages of product development.


In a July 20 announcement, the FCA said the Digital Sandbox will become available on a permanent basis starting on Aug. 1. The financial watchdog conducted two pilot programs of the initiative, which will be open to businesses, startups and data providers — including those involved in banking, investment, lending and payments.


A sandbox allows projects to operate in a testing environment to evaluate their products and services largely without unintended side effects impacting the real world. According to the FCA, the Digital Sandbox is aimed at helping innovative firms in their efforts to launch new products and services, as well as support economic growth and international competitiveness.


Related:UK government rejects lawmaker’s call to treat crypto like gambling


The U.K.’s Economic and Finance Ministry proposed a “financial market infrastructure sandbox” in April 2022 alongside its plans for a regulatory framework on payment stablecoins. HM Treasury has also opened up a consultation for a digital securities sandbox that could include crypto products in July.


On July 3, the European Commission announced 20 projects had been selected for a European Union regulatory sandbox. Those qualifying for the initiative included firms in finance and capital markets, telecoms and information technology and global trade.


Magazine:Crypto regulation: Does SEC Chair Gary Gensler have the final say?# Government# Cryptocurrency Exchange# United Kingdom# Sandbox# RegulationAdd reactionAdd reactionRelated NewsCan artificial intelligence prevent the next financial crisis?The European Commission’s Web4 strategy might be a flopUS law protects institutions and exposes retail investors — Rep. TorresUK financial watchdog reminds crypto firms of October deadline for marketing complianceUK government moves forward on bill aimed at empowering authorities to seize cryptoIMF eyes tens of billions in crypto asset taxes, has few suggestions for collecting them

News Feed
Brayden Lindrea7 hours agoBlockFi argues FTX, Three Arrows Capital aren’t entitled to repaymentsBlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.1657 Total views9 Total
2023-08-23 10:38 AM
There’s No Such Thing as Tainted Bitcoins
There’s No Such Thing as Tainted Bitcoins All bitcoins are created equal. But in the eyes of blockchain forensics firms, some bitcoins are more equal than others. If these comp
2020-02-07 07:16 AM
Ethereum Set To Overtake Bitcoin: Why A Price Flippening Is On The Horizon
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
2025-08-28 03:00 AM
Biggest Movers: XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak
Biggest Movers: XMR Moves to 10-Day High, AAVE Remains Near 5-Week Peak Monero raced to its highest point in ten days, as the token moved past a key resistance level on Wednesday.
2022-10-20 00:48 AM
XRP Dominance Explodes: Decoupling From Bitcoin And Ethereum Has Begun
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
2025-08-10 20:00 PM
The Three Kingdoms: The New Era of Play-to-Earn Games
The Three Kingdoms: The New Era of Play-to-Earn Games sponsored CryptoKitties was the first to bring blockchain gaming to life, and games such as Axie Infinity defined how a good bl
2021-09-27 06:00 AM
Estonia shows AI-powered decentralized networks could transform US policy
Christopher Koopman1 hour agoEstonia shows AI-powered decentralized networks could transform US policyEstonia is serving as an example of how smaller nations can use technology to punch above their weight and enhance the
2024-09-30 07:56 AM
Fake Website Prompts China’s Central Bank to Deny Digital Yuan Launch
The People’s Bank of China (PBoC) said the country’s stablecoin project is still in the testing stage with no date set for its launch, despite online impostors claiming otherwise.
2019-11-15 02:45 AM
HaloDAO Lists on AscendEX
HaloDAO Lists on AscendEX press release PRESS RELEASE. AscendEXis thrilled to announce the listing of the HaloDao token (RNBW) under the pair USDT/RNBWon Sept. 13 at 1 p.m. UTC.
2021-09-14 06:00 AM
Toncoin Price Heat Map Reveals $20 Target – Analyst
Este artículo también está disponible en español. Prominent altcoin Toncoin (TON) was not left out of the widespread crypto decline in the last week. According to data fr
2024-12-22 01:30 AM
Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate
Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry"s Impact on Climate According to a new report, U.S. president Joe Biden and his administration ar
2022-07-09 04:00 AM
Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward
Bitcoin Mining Difficulty Reaches Lifetime High, It"s Now More Difficult Than Ever Before to Find a Block Reward Following the drop in value during Thursday evening’s tradin
2022-01-22 03:30 AM