The Reserve Bank of Zimbabwe has accepted seven fintech proposals into its regulatory sandbox, allowing the companies to test their products under supervision. The applicants will be able to conduct live testing without commercial registration, subject to certain conditions. Sandbox participation does not guarantee full commercial registration but provides a platform for fintech companies to experiment with new services and gather data.
Source
"Zimbabwe Admits Seven Fintech Projects to Regulatory Sandbox" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
The projects admitted to the sandbox include a peer-to-peer lending platform, an electronic wallet service, and several blockchain-based solutions.
