Portuguese government releases regulatory sandbox framework including testing of emerging technologies such as blockchain

According to Fintech Futures, the Portuguese government has released a regulatory sandbox framework that will test emerging technologies including artificial intelligence, blockchain, big data, and 5G, aiming to establish “Technological Free Zones (ZLTs)” General regulations. ZLTs are part of the government ’s digital transformation plan of action to help countries transition to a sustainable economy. The sandbox plan will involve national and international projects, as will fintech startups, as well as startups in other fields such as autonomous vehicles, medical and agriculture.