FCA and Bank of England launch Digital Securities Sandbox for testing DLT-based securities.

The Financial Conduct Authority (FCA) and Bank of England have launched the Digital Securities Sandbox (DSS), inviting firms to test new technologies, including distributed ledger technology (DLT), in a regulated environment for issuing and trading securities. Open to companies of all sizes, the DSS aims to promote innovation, enhance efficiency, and maintain the UK's status as a financial hub. Applications will be accepted until late 2027, with the sandbox operational until December 2028.

September 30, 2024
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