Loading...
Market
Number of Companies Participating in US-UK Digital Securities Sandbox?
5
Resolution / Starting Odds
0-5 • 33%
6-10 • 33%
11 or more • 33%
Official announcements from the SEC or FCA
Story
SEC's Hester Peirce Proposes US-UK Digital Securities Micro-Innovation Sandbox
May 30, 2024, 03:33 PM
SEC Commissioner Hester Peirce has announced a proposal for a joint US/UK 'digital securities sandbox' that would allow companies in both jurisdictions to experiment with blockchain technology for trading securities without fear of regulatory action. The sandbox aims to enhance market transparency and innovation by providing a safe harbor for firms to conduct limited business activities under the same regulatory requirements in both the United States and the United Kingdom. This initiative includes a 'micro-innovation sandbox' for U.S. companies and comes amid criticism of the SEC's approach to the blockchain and digital asset industry, with some industry advocates accusing the SEC of overreach.
View original story
Similar markets
Fintech • 25%
Real Estate • 25%
Healthcare • 25%
Supply Chain • 25%
Data Privacy • 25%
Compliance Costs • 25%
Interoperability • 25%
Legal Jurisdiction • 25%
Multiple companies challenge SEC • 33%
One or two companies challenge SEC • 33%
No companies challenge SEC • 34%
No new partnerships • 25%
1-2 new partnerships • 25%
3-4 new partnerships • 25%
5 or more new partnerships • 25%
Tokenized Assets • 25%
Smart Contracts • 25%
Real-time Settlement • 25%
Decentralized Exchanges • 25%
None • 33%
1-2 countries • 33%
3 or more countries • 33%
No partnerships • 33%
1-2 partnerships • 33%
3 or more partnerships • 33%
0-5 companies follow • 25%
6-10 companies follow • 25%
11-15 companies follow • 25%
More than 15 companies follow • 25%
Less than 5 • 25%
5-10 • 25%
11-15 • 25%
More than 15 • 25%