{"id":552402,"date":"2023-02-15T22:30:00","date_gmt":"2023-02-15T19:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ec-launches-blockchain-regulatory-sandbox-for-20-projects-annually-through-2026\/"},"modified":"2023-02-15T22:30:00","modified_gmt":"2023-02-15T19:30:00","slug":"ec-launches-blockchain-regulatory-sandbox-for-20-projects-annually-through-2026","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ec-launches-blockchain-regulatory-sandbox-for-20-projects-annually-through-2026\/","title":{"rendered":"# EC launches blockchain regulatory sandbox for 20 projects annually through 2026"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26b7486b679\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26b7486b679\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ec-launches-blockchain-regulatory-sandbox-for-20-projects-annually-through-2026\/#%E2%80%9D_EC_launches_blockchain_regulatory_sandbox_for_20_projects_annually_through_2026_%E2%80%9C\" >&#8221; EC launches blockchain regulatory sandbox for 20 projects annually through 2026 &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_EC_launches_blockchain_regulatory_sandbox_for_20_projects_annually_through_2026_%E2%80%9C\"><\/span>&#8221; EC launches blockchain regulatory sandbox for 20 projects annually through 2026 &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvZTc2ZWNkMDItNjM1MC00OTg2LTg4YmEtNmE2OWM3MDNiM2MwLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-71a7a826>The European Commission announced the launch of the European Blockchain Regulatory Sandbox on Feb. 15. The sandbox will <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ec.europa.eu\/digital-building-blocks\/wikis\/display\/EBSI\/Sandbox+Project\">provide<\/a> a space for regulatory dialog for 20 projects per year through 2026.<\/p>\n<p>The sandbox was first announced in 2020 and is being facilitated by a number of private firms that won tenders in 2022. Funding will come from the Digital Europe Programme. Projects will be chosen by an independent panel of academic experts on a competitive basis from public and private sector use cases of \u201cBlockchain and other Distributed Ledger Technologies.\u201d <\/p>\n<p>Public sector projects on the European Blockchain Services Infrastructure (EBSI) will be considered among the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>licants. The EBSI is a pan-European blockchain run by a partnership of the EU countries with Norway and Lichtenstein. <\/p>\n<p>Members of the annual sandbox cohort will be matched with national and European Union regulators to receive confidential legal advice and regulatory guidance, while regulators will have the opportunity to acquaint themselves with new blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>. <\/p>\n<p>The application deadline for the first cohort of projects is April 14. Projects must have a proof of concept validated according to specifications and have a cross-border dimension. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">With our consulting arm OXYGY, today we announce, together with the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/EU_Commission?ref_src=twsrc%5Etfw\">@EU_Commission<\/a>, that applications are now open for the first cohort of the European blockchain regulatory sandbox for blockchain\/DLT innovators <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/EuropeanSandbox?ref_src=twsrc%5Etfw\">@EuropeanSandbox<\/a>:<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&amp;ref_src=twsrc%5Etfw\">#blockchain<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/sandbox?src=hash&amp;ref_src=twsrc%5Etfw\">#sandbox<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ZNbjUCTubp\">https:\/\/t.co\/ZNbjUCTubp<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/PtdS0oBS8p\">pic.twitter.com\/PtdS0oBS8p<\/a><\/p>\n<p>\u2014 Bird &amp; Bird (@twobirds) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/twobirds\/status\/1625511875139227648?ref_src=twsrc%5Etfw\">February 14, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Projects already chosen by public officials for deployment will have priority. Companies should be based in the European Economic Area (EEA). Those companies operate in consortium with companies outside of the EEA, as long as the beneficiary of the project is the EEA-based company. Participants will not be reimbursed for their expenses. <\/p>\n<p>Projects selected will receive a written legal assessment followed by two virtual meetings with participating regulators. The EBSI Early Adopters incubator program is also accepting applications for its third cohort.<\/p>\n<p>A similar sandbox program was proposed in United States Rep. Patrick McHenry\u2019s Financial Services Innovation bill. The United Kingdom may also get a comparable sandbox program in the next round of its financial services reforms. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ec-launches-blockchain-regulatory-sandbox-for-20-projects-annually-through-2026\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; EC launches blockchain regulatory sandbox for 20 projects annually through 2026 &#8220; The European Commission announced the launch of the European Blockchain Regulatory Sandbox on Feb. 15. The sandbox will provide a space for regulatory dialog for 20 projects per year through 2026. The sandbox was first announced in 2020 and is being facilitated&#8230;<\/p>\n","protected":false},"author":1,"featured_media":552403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/e76ecd02-6350-4986-88ba-6a69c703b3c0.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[126401,89067,72705,70934],"class_list":["post-552402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain-meetup","tag-sandbox","tag-european-union","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/552402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=552402"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/552402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/552403"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=552402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=552402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=552402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}