The United Kingdom will get its second crypto sandbox by Q1 2024. It will be explicitly focused on digital securities.
During her speech at the CCData Digital Asset Summit on Oct. 3, the head of capital markets at the Financial Conduct Authority (FCA), Helen Boyd, revealed that His Majesty’s Treasury plans to launch a Digital Securities Sandbox at the end of Q1 2024. Though de-jure an independent financial regulator, the FCA falls under the purview of the U.K. Treasury.