FCA to launch a digital sandbox to fight COVID-19. The U.K.’s financial regulator is launching its digital sandbox early to foster innovative firms developing solutions to the coronavirus outbreak.
The United Kingdom Financial Conduct Authority (FCA) announced it will pilot a digital sandbox intended to foster innovation from firms developing solutions addressing the COVID-19 pandemic on May 4.
The FCA noted that it has been exploring the concept of a digital sandbox since before the coronavirus outbreak.
However, the virus prompted the regulator’s decision to launch an early pilot to trial aspects of its digital sandbox to expedite the development of solutions to COVID-19.
Subscribe to our newsletter!
Related Articles From Blockchain News Report: