 "Ajay Tyagi, Sebi")
The Securities and Exchange Board of India (Sebi) is planning to come out with a policy on sandbox framework, which would essentially allow companies working in the capital markets space to experiment innovations in a closed environment.
The idea behind the policy on sandbox is to support technological innovations in the financial services space, popularly known as Fintech.
“We will come out with a policy on sandbox soon. We are examining whether any changes in laws are required in terms of dispensation that may be needed,” said Ajay Tyagi, Chairman of Sebi, responding to a question about his view on crypto assets.
