UK and US Explore Joint Crypto 'Sandbox' to Align Rules
Officials in London and Washington are in preliminary discussions to set up a joint crypto testing space — commonly called a sandbox — intended to align approaches to digital-asset licensing and oversight. The initiative is designed to let firms trial products and compliance models under coordinated supervision, reducing the friction of divergent rules and potentially accelerating responsible innovation.
Details on scope, timeline and data-sharing arrangements remain preliminary, but industry participants are watching closely: a unified sandbox could make cross-border launches easier for exchanges, wallet providers and Web3 projects (including metaverse tokens such as SAND). For markets and developers, the talks signal growing regulatory cooperation; for policymakers, the challenge will be balancing innovation-friendly testing with investor protection and enforcement consistency.