Odaily Planet Daily News: The Financial Conduct Authority (FCA) in the UK opened the Digital Securities Sandbox (DSS) for applications at the end of September, relaxing certain rules on DLT market infrastructure. The two entities currently announced to have received preliminary approval are (expected) the Central Securities Depository (CSD) Montis (owned by Archax) and ClearToken, with the latter planned to operate as a central clearing house for encrypted and tokenized assets. ClearToken has received support from companies such as Laser Digital under Nomura Securities and Zodia Custody under Standard Chartered Bank. Like the EU's DLT pilot system, DSS plans to relax the requirement that exchanges and central securities custodians must always be separated (which is sometimes impractical for DLT).