Regulatory sandboxes, where banks, fintechs and other firms can trial products and business models in full view of regulators but unrestricted by many regulatory barriers, are continuing their upward trajectory in growth and popularity.
Among such participants in these controlled spaces are fintechs such as Singapore-based regulated decentralised security token trading platform DigiFT. In June, it was granted a year’s access to the Monetary Authority of Singapore's regulatory sandbox as part of its bid to become the first licensed decentralised security token exchange.
