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Hester Peirce Proposes for Cross-border Digital Securities Sandbox

Hester Peirce Proposes for Cross-border Digital Securities Sandbox

In response to an FCA-BoE consultation, SEC Commissioner Hester Peirce proposed a cross-border digital securities sandbox. Allowing businesses in the US and the UK to test distributed ledger technology (DLT) under a single legal framework is the proposal’s way of encouraging innovation and improving regulatory monitoring. Peirce stated in the response: “This joint proposal reflects a commendable […]