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FCA and Bank of England firm up wholesale tokenization plans

Montage of the FCA logo
GRIP montage: FCA

The call for input closes on July 3 and a feedback statement is expected in the summer.

The UK’s financial regulator and central bank are bringing clarity to a sector that has for a long time been mired in uncertainty, with the launch of a consultation on how firms can adopt tokenization and distributed ledger technology (DLT).

DLT is the underlying infrastructure that makes tokenization possible. Firms