On 16 November 2020, the Council of the EU adopted a set of conclusions on the role of regulatory sandboxes and experimentation clauses as tools for an innovation-friendly, future-proof, sustainable, and resilient EU regulatory framework in the digital age.
The Council notes that the Commission in collaboration with European Blockchain Partnership is planning a pan-European blockchain regulatory
sandbox to become operational in 2021/22.
The Council encourages the Commission to continue considering the use of experimentation clauses on a case-by-case basis when drafting and reviewing legislation, as well as to evaluate the use of experimentation clauses in ex-post evaluations and fitness checks on the basis of an exchange of information with member states.
Read the Conclusions here.