Bird & Bird and OXYGY announce together with the European Commission the publication of the second best practices report 2025 for the European Blockchain Sandbox

The dialogues for the second cohort took place from late 2024 until April 2025, and the lessons learned, best practices and recommendations identified during the dialogues, which are presented in the best practices report published today, are significant for the wider blockchain community.

You can find the full report and the abstract (in English and French) here.

The best practices report launched with a supporting public webinar on the 29th April, in which the Sandbox team shared an overview of the regulatory best practices identified in cohort 2, and answered questions from the audience about the report.

Also announced during the public webinar was the Most Innovative Regulator Award, awarded by a panel of independent academic experts, Professor Roman Beck (Bentley University, USA), Professor Soulla Louca (University of Nicosia, Cyprus), and Professor Walter Blocher (Universities of Kassel). The honour is awarded to the following for their exceptional and innovative contributions during the second cohort dialogues:

• ANSSI(French National Agency for the Security of Information Systems, Agence nationale de la sécurité des systèmes d'information)
• Bank of Spain (Banco de España)
• Bank of Greece (Τράπεζα της Ελλάδος)
• CONSOB (Italian Companies and Exchange Commission, Commissione Nazionale per le Società e la Borsa)
• KNB (Royal Dutch Association of Civil-law Notaries, Koninklijke Notariële Beroepsorganisatie)

Congratulations to all the recipients for this fantastic achievement.

We would also like to recognise that the best practices report was the result of the contributions by each of the regulators and authorities that participated in the second round of dialogues (see the public list here). A big thanks to all of the participating regulators/authorities and all the use cases who contributed to make these dialogues such a success.

A further best practices report for cohort three will be published following the completion of this cohort later in 2025, and the most innovative regulator for the third cohort will be awarded following the cohort dialogues.

For more information on the selected use cases for the 3rd cohort click here.

To read the first cohort best practices report click here.