Guidance on the use of Innovative Technology Arrangements and the acceptance of Virtual Financial Assets and Virtual Tokens through the implementation of a Sandbox Environment

The MGA issued a consultation on the use of Distributed Ledger Technology (DLT) and on the acceptance of Virtual Currencies through the implementation of a Sandbox Environment. The consultation aimed to gather feedback from the industry and key experts in this innovative technology, and established the sandboxed (test and learn) environment for virtual currency adoption within the remote gaming sector and further set out guiding principles for the application of DLT and its various adaptations within the industry.

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