EU's blockchain sandbox unveils groundbreaking use cases, fostering regulatory collaboration and bridging the gap between crypto projects and regulators
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The long-awaited debut of the European Union's regulatory sandbox for blockchain technology has finally arrived. On July 3, the first batch of 20 blockchain use cases was formally introduced, following a rigorous selection process that saw nearly 90 applications received in April.
Initially announced in 2020, this initiative aims to bridge the regulatory gap between European nations and crypto companies by providing legal advice and regulatory guidance.