EU Blockchain Sandbox Unveils First 20 Use Instances Following Wave of Purposes

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The primary batch of blockchain use circumstances to debut in European regulatory sandboxes was formally launched on July 3 after receiving almost 90 submissions in April after a protracted wait. The initiative, first unveiled in 2020, goals to bridge the regulatory hole between European nations and cryptocurrency corporations.

in response to In a report back to the European Fee, an preliminary cohort of 20 tasks was chosen, led by teams of corporations from monetary and capital markets, telecommunications and IT, world commerce, transport and cross-sectoral tasks.

Blockchain tasks chosen for the primary cohort of the EU-regulated sandbox. Supply: European Fee.

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