Bank of England Pushes for Near 24/7 Settlement System for Tokenised Finance
The Bank of England and the Financial Conduct Authority have proposed extending settlement system operating hours to near-24/7 availability as part of efforts to prepare the UK’s wholesale markets for tokenised finance. The move could support cross-border payments, digital asset settlements, and broader adoption of distributed ledger technologies.
The Bank of England and the Financial Conduct Authority have proposed extending settlement system operating hours to near-24/7 availability as part of efforts to prepare the UK’s wholesale markets for tokenised finance. The move could support cross-border payments, digital asset settlements, and broader adoption of distributed ledger technologies.
The Bank of England and the Financial Conduct Authority have proposed extending settlement system operating hours to near-24/7 availability as part of efforts to prepare the UK’s wholesale markets for tokenised finance. The move could support cross-border payments, digital asset settlements, and broader adoption of distributed ledger technologies.
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