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Innovative products identified for testing in Regulatory Sandbox
7 November 2024, Baku: The evaluation process of 21 applications received for the testing of innovative products in the Regulatory Sandbox has been completed. Four innovative products have been selected for a limited scale testing in the Regulatory Sandbox.
These products include:
- "Transfers to crypto exchange wallet" product presented by PASHAPAY LLC
- "Cryptobroker" product presented by UNICAPITAL INVESTMENT COMPANY OJSC
- "Crypto platform" product presented by SVORT LLC
- "PortCoin cryptocurrency" product presented by MOBILE PAYMENT SOLUTIONS LLC
It is planned that these products will be subject to a limited scale testing under the supervision of the Central Bank within the next 6 months.
07.11.2024