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FCA sets stage for tokenization in UK financial markets

Tower blocks in City of London
Photo: Getty Images

Feedback emphasizes the need for faster progress and clearer rules for digital assets and settlement.

The FCA has published its response to feedback on a joint call for Input it issued with the Bank of England back in May, which had set out a shared vision for bringing tokenization into UK wholesale financial markets. This built on HM Treasury’s Wholesale Financial Markets Digital Strategy.

The

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