Sweetbridge: Sweetbridge Featured in Arizona Fintech Sandbox Coverage
As one of the first companies to apply to the U.S.’s first regulatory sandbox for fintech projects, Sweetbridge has been highlighted in national media coverage of this exciting experimentArizona made waves earlier this month when it became the first U.S. state to launch a regulatory sandbox for fintech companies.While countries such as the U.K., Singapore, and Hong Kong have rolled out sandboxes of their own in recent years to balance financial innovation and consumer protection. The U.S. has yet to fully take up the mantle (though the concept was endorsed in a recent report on financial innovation by the Treasury Department).Enter Arizona.First authorized in March, news of the sandbox launch in early August was picked up by several national news outlets, with Sweetbridge being highlighted with mentions in Forbes and Bloomberg Law.In this interview with Arizona Attorney General Mark Brnovich by Forbes crypto reporter Michael del Castillo, Sweetbridge is highlighted as one of the companies looking to set up shop in the sandbox.Breaking The Seal? Arizona Attorney General Opens Applications To First Fintech SandboxPhoto credit: Wikipedia CommonsIn a Bloomberg Law article, fintech reporter Lydia Beyoud quotes Sweetbridge attorney and strategist Will Munsil on the sandbox’s practical significance given the current uncertain regulatory state-of-play in the U.S.:“We think it’s important to note this is one of the best paths out there for real customers for blockchain companies in the U.S.”Beyoud also quoted Munsil on the broader, national-level implications of the Arizona experiment:“I think we want to remind other states how much economic potential can be unleashed when states partner in innovation rather than allowing the federal bureaucracy to be the be-all and end-all of the regulatory space.”Fintechs Can Now Jump Into Arizona's Innovation SandboxIn related coverage, the Wall Street Journal published an August 8 article highlighting the Arizona sandbox as an example of growing frictions between state and federal regulators on financial technology issues.States Spar with Trump Administration Over Fintech OversightWant to know more about Sweetbridge?Sweetbridge is an open-source project unlocking the value trapped in assets, payment delays, and corporate talent. Our Blockchain-based ‘tools for commerce’ help companies, countries and individuals to find a better way to trade and innovate.To join the movement go to https://sweetbridge.com/crowdsale and click “Register Now”.Join our discussion in Sweetbridge telegram channel to learn more about Sweetbridge and its products.Sweetbridge Featured in Arizona Fintech Sandbox Coverage was originally published in Sweetbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.
Additional Info
- Read full article on: Sweetbridge
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.