Golden Finance reported that the UK Financial Conduct Authority (FCA) is about to launch a second cryptocurrency sandbox, which includes established rules for managing digital securities. Helen Boyd, head of capital markets at the FCA, said that the UK Treasury will release the digital securities sandbox in the first quarter of 2024. In addition, Boyd revealed that the upcoming Digital Securities Sandbox (DSS) is different from the existing digital sandbox because it will be able to test and adopt digital securities throughout the financial market. According to the announcement, it will allow companies to build financial market infrastructures using digital asset technology. In addition, these financial market infrastructures can perform digital securities-related activities. However, the resulting financial products will be subject to temporarily modified legislative and regulatory frameworks. In addition, Boyd further explained the future of the FCA as the UK's main crypto asset regulator. She said the agency is waiting for the Treasury to make a resolution on its share of power over the digital asset industry.