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SEC Confirms BlockShoals-Binance Sandbox Limited to Testing, No Public Onboarding

Regulatory body clarifies parameters for sandbox activity amid ongoing integrations.

MD

Mateo Dela Cruz

June 12, 20263 min read3 views
SEC Confirms BlockShoals-Binance Sandbox Limited to Testing, No Public Onboarding
The SEC's recent clarifications on the BlockShoals-Binance sandbox have left many questions in the crypto community.
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The Securities and Exchange Commission (SEC) has issued a clear directive regarding the integration of BlockShoals Technologies Inc. within its regulatory sandbox. This 90-day period is solely for technical infrastructure development.

The SEC emphasized that any operational connectivity during this time is strictly for sandbox testing. It explicitly stated that public onboarding and trading will not commence without additional regulatory approvals.