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As innovation collides with legal frameworks, the **Regulatory Sandbox** from ASIC (Australia’s financial conduct authority) serves as a controlled environment for fintechs to validate financial products before obtaining licenses.
https://sethdoxfw.bloguetechno.com/as-innovation-collides-with-legal-frameworks-the-regulatory-sandbox-from-asic-the-country-s-fintech-regulator-serves-as-a-testing-ground-for-early-stage-ventures-to-experiment-with-financial-products-before-obtaining-lice