UK Watchdog Allows Three Blockchain Firms to Join Regulatory Sandbox
30 April 2019 12:23 PM GMT
Three blockchain-focused firms are among the latest 29 companies accepted into the U.K. financial watchdog?s regulatory sandbox.
- The United Kingdom's Financial Conduct Authority (FCA) has allowed three blockchain -based businesses to join the latest cohort of its regulatory sandbox, the organization announced on April 29.
- Diro Labs is one of the blockchain-driven companies accepted by the FCA for performing tests on a "short-term and small-scale basis.
- Such schemes have become popular with regulators around the world, with the Reserve Bank of India recently announcing it will also allow blockchain innovations to be tested in this way.
Next Story
