The Jordan Securities Commission reported that its chair, Imad Abu Hultam, attended a ceremony hosted by the Governor of the Central Bank of Jordan, Adel Al-Sharkas, to announce the admission of four new startup companies to the JoRegBox regulatory sandbox, allowing them to begin live testing of their innovative financial solutions. Abu Hultam pointed to rapid developments in Jordan’s legislative environment for virtual assets and described the sandbox as a tool to help evolve regulation in line with innovative business models. The Commission said it is coordinating closely with the Central Bank and other relevant authorities to develop an advanced, transparent framework for virtual assets that protects investors and aligns with global best practice. JoRegBox was described as a controlled, real-market testing environment for fintech products, operated under Central Bank supervision and subject to specified controls designed to protect consumers and support the safety and stability of the financial system.