Sandbox

9 More Blockchain Companies Approved By South Korean FSC

9 More Blockchain Companies Approved By South Korean FSC

South Korea is one of the country that is actively adopting blockchain technology in various sector. Recently, the report has confirmed that 9 more blockchain companies are authorized into the country’s fintech regulatory sandbox. The approval was done by the South Korean Financial Service Commission (FSC) that approves in a total of 18 companies so far. Jo In-dong, head of the economic policy said, “Innovative start-up investment will be the cornerstone of corporate growth … in our society,”

3 Blockchain Firm Given Greenlight To FCA’s Sandbox Regulatory

3 Blockchain Firm Given Greenlight To FCA’s Sandbox Regulatory

Diro Labs (a blockchain based Identity Firm), Panel Partners (Fintech Delivery platform), and Nuggets (a e-commerce payment co) have been allowed to join the United Kingdom’s Financial Conduct Authority (FCA) regulatory sandbox. FCA in its statement: “Examples of propositions that have been accepted include digital identity solutions, platforms which tokenize issuance of financial instruments, and services aimed at facilitating greater access to financial services for vulnerable consumers.”

Isle of Man Blockchain Office and Sandbox Has Opened Its Applications

Isle of Man Blockchain Office and Sandbox Has Opened Its Applications

The Isle of Man Blockchain Office and Sandbox are now open to receive joining applications. Lyle Wraxall, CEO of Digital Isle of Man commented: “The response to the launch of the Blockchain Office and Sandbox has been tremendous, with a number of premium blockchain businesses and emerging startups approaching the Office for early participation already.”

Digital Isle of Man Launches Blockchain Office And Regulatory Sandbox

Digital Isle of Man Launches Blockchain Office And Regulatory Sandbox

The executive agency of the British dependency’s Department for Enterprise, Digital Isle of Man (Digital IOM) has introduced the development of blockchain office and the launch of a sandbox. The CEO of Digital Isle of Man, Lyle Wraxall explained, “With the launch, we are making a firm commitment to be a fully supportive jurisdiction for the blockchain industry.”