After a year in the Central Bank of Bahrain's regulatory sandbox, Rain Financial is gearing up to offer crypto on-ramps from all regional currencies.
Even in blockchain-friendly jurisdictions, some say regulatory hurdles and old mindsets are holding back innovation and growth for the industry.
A number of regulators from across the globe are forming a new alliance to facilitate the development of fintech in cross-border solutions.
The U.K.'s financial regulator is allowing startups focused on blockchain and crypto assets into its regulatory sandbox for the first time.
"Sandbox" is a bad term to describe these regulatory programs, under which financial technology solutions can be safely seeded, fed, and controlled.
Lawmakers at CoinDesk's Consensus 2018 conference today argued that regulatory "sandboxes" may offer the best approach for blockchain innovation.