CBDCs: Modern Central Sandbox Introduced by EMTECH to Help with Testing Central Bank Digital Currencies December 15, 2020 @ 9:55 pm By Omar Faridi EMTECH has introduced its “pilot-ready” innovation and regulatory compliance platform, the Modern Central Bank Sandbox, which will focus on serving reserve banks that are planning to “streamline regulatory reviews,” work with innovators on emerging technology (EmTech), or safely test their Central Bank Digital Currencies (CBDC). With the Modern Central Bank Sandbox, EMTECH aims to help reserve banks with addressing systemic challenges or issues that are present within financial services (Exclusion, KYC, SME Lending, Cross-Border Payments, AML/Fraud). According to a release, EMTECH intends to help banks with innovating “safely” while offering “effective oversight, and accelerating time to market for innovative financial products.”