class="MsoNormal" style="text-align: justify;">The Securities and Exchange Board of India (SEBI) on June 05, 2020 has issued a Circular implementing the framework for the regulatory sandbox.
SEBI has further agreed on the statement that the promotion of financial technologies for the usage can benefit the securities market in the country. Further, SEBI is trying to introduce a regulatory sandbox framework for the entities under SEBI so that they can play with financial technologies in a live environment with real time customers. However, the features shall be regulated by SEBI for the protection of the investors.
[SEBI Circular No. SEBI/HO/MRD-1/CIR/P/2020/95]
