Bank of England to take flexible approach to financial regulation via digital securities sandbox
The Bank of England (BoE) and the Financial Conduct Authority (FCA) will adopt a "proactive" and flexible regulatory approach through the Digital Securities Sandbox (DSS). Sashi Mills, Executive Director of the Bank of England, said that this will enable regulators to adopt new approaches, maximize the potential benefits of innovation, and "manage financial stability risks". Through DLT, DSS aims to alleviate inefficiencies in the "post-trade environment", which can "reduce the entry barriers for providers" while increasing the resilience of the financial market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
5 Cardano Rivals to Watch as Founder Predicts Ethereum Will Die by 2040
Resilient Long-Term Bitcoin Holders Confidently Add 635K BTC Since January Amid Market Shifts
Top Searched Crypto Projects of Today
Ubisoft + blockchain = Might&Magic goes crypto
Trending news
MoreCrypto prices
More








