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Bank of England and ClearToken Discuss Tokenized Markets at DAS London

The Nov. 11 discussion covered potential onchain uses for cash, collateral and settlement.

The Bank of England and ClearToken joined industry experts Wednesday, Nov. 11, at DAS London for a discussion of tokenized markets, including potential onchain uses for cash, collateral and settlement.

Separately, the Bank has sought feedback on tokenized collateral for central counterparties. Deputy Governor for Financial Stability Sarah Breeden described that work as “part of a major agenda between authorities and industry to enable the responsible adoption of tokenisation in financial markets.” The Bank’s earlier work on tokenized collateral addressed that effort.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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