EC launches blockchain regulatory sandbox for 20 projects annually through 2026

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EC launches blockchain regulatory sandbox for 20 projects annually through 2026
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Applications are being accepted for the new EC sandbox until April 14.

. 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 “Blockchain and other Distributed Ledger Technologies.”

Public sector projects on the European Blockchain Services Infrastructure will be considered among the applicants. The EBSI is a pan-European blockchain run by a partnership of the EU countries with Norway and Lichtenstein. 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 technology.

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.

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