Regulatory Sandbox

A Regulatory Sandbox is a controlled environment created by regulators that allows businesses, particularly in the tech and finance sectors, to test new products and services with fewer regulatory restrictions. This process helps innovators explore new ideas while ensuring consumer protection and market integrity. Companies can experiment with their offerings, gather feedback, and refine their products before launching them on a larger scale. In essence, it's like a testing ground where entrepreneurs can safely innovate while regulators monitor the impact and learn about emerging trends.