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Hester Peirce makes the case for cross-border crypto sandbox

Image of a kid's sandbox with some toy cars and trucks in it
Photo: Peter Macdiarmid/Getty Images

SEC Commissioner Hester Peirce advocates for a joint US-UK digital securities sandbox.

In a “To Whom It May Concern” statement published late last week, SEC Commissioner Hester Peirce tipped her hat at the recent joint proposal from the Bank of England and the FCA for a digital securities sandbox (DSS).

She said the proposed sandbox initiative “reflects a commendable commitment to incorporating