Quote from: wwzsocki on May 06, 2019, 10:36:52 AM

I have to share this news here because is very important and ATL price already jumped 100% from yesterday.

Atlant is accepted by The Global Financial Innovation Network (GFIN), a cross-border regulatory sandbox for firms testing innovative financial products, services or business models across multiple jurisdictions, to participate in the programme.

Chaired by the UK's Financial Conduct Authority, the GFIN comprises 29 regulatory bodies from across the world. In January it put out a call for applications from banks and fintech companies interested in the fast-track opportunities for authorization implicit in the initiative.

From a total of 44 applicants, the GFIN has selected eight firms for an initial cross-border trial of the service. These include Onfido, Tradle, Ascent RegTech Starling Trust, Alphapoint, Coinvestion, DACX and Atlant.

The evaluation report comes as the FCA unveils its fifth and biggest sandbox cohort to date, comprising 29 firms with propositions across a range of hot-button innovation areas, including digital identity, tokenization of financial assets and financial inclusion.

This is really huge news for Atlant and despite that, they are so quiet about their work and provide no additional information about licenses this is something which proves that this is a real deal and we have to wait a little longer.

If you want to read the article here is the link: https://www.finextra.com/newsarticle/33740/global-sandbox-accepts-first-eight-firms

A lot of firms applied but few were chosen. This is indeed evidence that the Atlant devs are hard at work bringing the platform to fruition. The following source is more believable, even among the staunchest critics:

Quote

A high number of applications were from firms with RegTech and cryptoasset related business models. While we hope to receive further applications related to these areas in the future, it is also our hope and ambition to receive applications from other areas of financial services.

Of those applications that did not meet the eligibility criteria for testing, GFIN members will engage in further discussions on other types of potential support where relevant. Also, several applications have been determined by some regulators to not need sandbox in their jurisdictions to proceed to testing.

https://www.fca.org.uk/firms/gfin-cross-border-testing-pilot-next-steps