SEC’s Peirce Proposes US-UK Crypto Sandbox for Enhanced Innovation

Hester Peirce, Commissioner at the U.S. Securities and Exchange Commission (SEC), has proposed a joint regulatory sandbox for crypto and tokenized assets between the United States and the UK. This innovative move aims to foster collaboration in blockchain and cryptocurrency regulation while creating an environment for cross-border experimentation within these sectors. Peirce’s proposal is expected to bridge legal frameworks and accelerate innovation, particularly focusing on tokenized securities and stablecoins, with initial goals of promoting efficient financial markets and regulatory alignment in the crypto space.