The UK’s Financial Conduct Authority has allowed entry from fintech firms experimenting with crypto assets for the first time since starting their fintech Sandbox, according to the FT.   The latest group is the sandbox’s largest with 29 companies being admitted and 40 percent of those using blockchain technology.  Reports indicate that the moves point to a shift by the regulatory agency which is also testing their own blockchain solution for reporting purposes; blockchain companies have yet to gain wide approval by worldwide regulators but the FCA looks to be open to learning and investigating more

 

Comments are closed.