Summary
TLDR: The Digital Securities Sandbox is a crucial tool for regulators to understand and safely benefit from technological advancements in financial markets, according to Sasha Mills of the BOE.
Key Points
1. The Digital Securities Sandbox is a valuable tool for regulators to understand and adapt to advancements in technology and changes in financial market processes.
2. Sasha Mills, the BOE’s executive director for financial market infrastructure, emphasized the importance of the sandbox in safely benefiting from developments in technology, particularly in securities settlement.
3. The sandbox provides a controlled environment for testing new digital securities technologies and processes, allowing regulators to assess their impact and make informed decisions.