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Accenture invests in Emtech to strengthen CBDC, fintech solutions

[Sep 10 7:21 PM] The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings.

Bank of Russia Eyes Stablecoins for Cross-Border Transactions

[Aug 27 11:20 AM] The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of…

Thai SEC Launches Digital Asset Regulatory Sandbox

[Aug 13 1:16 AM] The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by…

Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox

[Jul 20 3:30 AM] Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA Kenya) Regulatory Sandbox. Ownmali aims to foster greater inclusivity in real estate investing by making it more…

Hawaii Wraps Up Sandbox: Crypto Firms No Longer Need State Money Transmitter Licenses

[Jun 30 7:10 PM] The U.S. state of Hawaii’s regulatory sandbox concludes today. Crypto companies will no longer require a Hawaii-issued money transmitter license to conduct business within the state. However, they must comply with federal regulations…

SEC Commissioner Proposes Joint US-UK Digital Securities Sandbox

[May 30 7:32 PM] U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox. She noted that the U.S. and UK are ideally positioned for this initiative, emphasizing that this collaboration would…

Philippines begins Peso-backed stablecoin sandbox testing

[May 13 2:36 AM] The test aims to evaluate the PHPC stablecoin’s real-world performance, its impact on the local fiat ecosystem, and its potential uses, including payments, trading and DeFi applications.

Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox

[Mar 14 2:30 AM] On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong should have a sound business…

Hong Kong Regulators Unveil Public Consultation Paper on Stablecoin Regulation

[Dec 28, 2023 6:30 AM] Hong Kong Monetary Authority (HKMA) and Financial Services and the Treasury Bureau have released a public consultation paper to gather residents’ opinions on the proposed regulatory regime for stablecoin issuers. The HKMA also announced the…

Ghanaian and Nigerian Central Bank Open Respective Regulatory Sandbox Application Processes

[Jan 29, 2023 3:30 AM] The Ghanaian and Nigerian central banks have invited financial innovators that wish to be included in their respective regulatory sandboxes to submit applications. The Bank of Ghana said its sandbox will also support innovations that attempt to…