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On regulatory sandbox participation for new tech
I'm looking into how much regulatory scrutiny firms undergo after exiting a regulatory sandbox, particularly for novel fintech products like those using $ETH smart contracts for micro-lending. Does the initial sandbox approval significantly streamline subsequent full licensing, or is it almost like starting the process from scratch again once you're out?
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That's a really interesting question. I was always under the impression that sandbox participation would give a pretty big leg up, almost like a pre-approval. Are there specific examples you've seen where it felt like starting over?