Bank of England and FCA Target Autumn 2024 as First UK Digital Securities Sandbox Cohort Starting Date

Wednesday, 3 April 2024, 14:07

The Bank of England and Financial Conduct Authority aim to launch the first UK Digital Securities Sandbox cohort by autumn 2024. They are currently seeking feedback on their proposed approach before accepting applications in summer. The initiative is poised to drive innovation in the digital securities space and provide a valuable testing ground for financial technology advancements.
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Bank of England and FCA Target Autumn 2024 as First UK Digital Securities Sandbox Cohort Starting Date

Bank of England and FCA Digital Securities Sandbox Update

The Bank of England and Financial Conduct Authority (FCA) are collaborating on launching the first-ever Digital Securities Sandbox cohort in the UK by autumn 2024. The regulatory bodies are inviting stakeholders' feedback on the proposed approach ahead of accepting applications in the summer.

Key Points:

  • Timeline: Targeting autumn 2024 for cohort launch
  • Consultation: Seeking feedback on DSS approach
  • Innovation: Driving advancements in digital securities technology

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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