Sandbox

Lithuanian Central Bank Tests Blockchain Sandbox for Non-Financial Sector
May 29, 2020 at 13:11
News
Lithuanian Central Bank Tests Blockchain Sandbox for Non-Financial Sector
The Bank of Lithuania (BoL) is working on the development of a blockchain platform to support the non-financial sector. As per the report by Europe World News, the BoL unveiled that it has successfully completed the blockchain-powered sandbox ‘LBChain’ initiative.
Italy Tests Insurance Blockchain Sandbox
Feb 19, 2020 at 11:47
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Italy Tests Insurance Blockchain Sandbox
The test of Blockchain-based insurance products within the Italian market ended successfully, and can meet the increasingly complex and varied needs of the market.
India: Maharashtra State Plans to Use Blockchain in Sensitive Areas
Aug 21, 2019 at 12:17
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India: Maharashtra State Plans to Use Blockchain in Sensitive Areas
India’s second most populous state and third-largest state by area, Maharashtra, is considering adopting blockchain tech in many fields including vehicle registration, document management systems, agriculture marketing and supply chains. The state’s administration is working on a regulatory sandbox for experimenting blockchain and distributed ledger tech (DLT) solutions across different significant applications. It really wants to enhance the efficiency, speed and efficacy of their operations.
JPMorgan to Launch Blockchain Sandbox for Fintech in 2019
Apr 23, 2019 at 16:47
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JPMorgan to Launch Blockchain Sandbox for Fintech in 2019
The banking bull JPMorgan Chase considers growing a prevailing cryptocurrency and blockchain project such that it can include settlement features with the aim of outcompeting other payment giants like Ripple and TransferWise.
ICO Services to be Offered on the Russian Financial Market, Sberbank Ensures
Oct 23, 2018 at 12:25
News
ICO Services to be Offered on the Russian Financial Market, Sberbank Ensures
Sberbank and Russia’s National Settlement Depository (NSD) have partnered to conduct a test on initial coin offerings (ICO) within the regulatory sandbox. As a result, they expressed an intention to find a way for token sales implementation and other services related to the fintech.
The Global's Most Idyllic Blockchain Tech Sandbox, Crypto in Caribbean Basin Offers Promising Options
Sep 30, 2018 at 15:01
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The Global's Most Idyllic Blockchain Tech Sandbox, Crypto in Caribbean Basin Offers Promising Options
The notion of a financial or tech sandbox, highly popularized over the last 10 years, is gaining increasing momentum across the globe, especially as regulators try to place the digital currency and Blockchain technology genies under thorough observation. For some regulators in great jurisdictions like the UK's Financial Conduct Authority (FCA) are majorly originating from positions of strength and as such, may facilitate innovations which "fit the mould" or slightly enhance status quo.
United Arab Emirates Considers ICO Regulation and the Nature of a Token
Sep 15, 2018 at 11:15
News
United Arab Emirates Considers ICO Regulation and the Nature of a Token
The UAE government has taken a significant step in understanding the general principles on which the fintech is based. Last Sunday, the UAE Securities and Commodities Authority (SCA) officially agreed to regulate ICOs and recognize tokens as securities for the welfare of the nation.
Sberbank Attempts to Launch Russia’s First Initial Coin Offering
May 25, 2018 at 17:15
News
Sberbank Attempts to Launch Russia’s First Initial Coin Offering
Sberbank CIB in a partnership with National Settlement Depository (NSD) has announced their intention to set up an Initial Coin Offering (ICO) in the Bank of Russia’s regulatory sandbox. The issuer of the digital currency will be Level One, that operates the largest lecture hall on Moscow’s financial market.
Lithuania Plans to Allow Activity of Virtual Limited Liability Companies
Apr 19, 2018 at 13:46
News
Lithuania Plans to Allow Activity of Virtual Limited Liability Companies
Virtual Limited Liability Companies (VLLCs) working on blockchain technology will be launched in Lithuania. The country considers the possibility of allowing entities from different parts of the world to register and operate their fintech companies there. A draft has been already processed by the Lithuanian Centre of Registers.
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