FCA Approves Blockchain, Crypto Firms for 4th Cohort of Regulatory Sandbox

[kreslik.news]

The Financial Conduct Authority, FCA, today unveiled the firms that were successful in their applications to begin testing in the fourth cohort of the sandbox. The City regulator has named “a small number” of crypto-linked firms as having been accepted to test their solutions and business models in a live market but controlled environment.

The UK finance regulator received 69 submissions for the fourth phase of the regulatory sandbox. 29 applications met the eligibility criteria and were accepted to develop towards testing.

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In addition, the watchdog said that over 40% of companies accepted ... (read more)