The amendments allowing the Financial Conduct Authority (FCA) and the Bank of England to implement the Digital Securities Sandbox (DSS) have come into effect. This sandbox allows companies to test new solutions and products related to tokenized securities and distributed ledger technology. 🇬🇧💼 #FCA #BankOfEngland #DigitalSecurities #blockchain​ #regulations

**Just In: 🚨** UK Financial Supervisory Authority (FSA) Aims to Support Digital Securities Sandbox by Q1 2024 🇬🇧💼
Helen Boyd, Head of Capital Markets at the UK Financial Supervisory Authority, announced at the Digital Asset Summit that the UK Treasury is set to support a digital securities sandbox by the end of the first quarter of the next year. She stated, "We hope to implement Box (DSS), which will revolutionize the trading, settlement, and clearing process." The British government conducted industry consultations regarding DSS, with plans to enable companies to model operations similar to Korea Securities Depository and exchanges through distributed ledger technology (DLT).
#DigitalSecurities #UKFSA #FinancialRegulation #DLT #BlockchainTechnology

🇦🇪 Copper partners with Abu Dhabi's FSRA to launch digital securities brokerage service in early 2024, aiming to serve Abu Dhabi users. #Copper #DigitalSecurities #AbuDhabi

🚀 SEC Commissioner Hester Peirce Proposes Joint "Digital Securities Sandbox" Between US and UK

SEC Commissioner Hester Peirce has proposed the creation of a joint "digital securities sandbox" between the US and UK. This initiative aims to foster innovation and collaboration in the digital securities space, enhancing regulatory cooperation and promoting the growth of digital assets.

#sec #HesterPeirce #DigitalSecurities #Sandbox $SAND