UK Regulators to Publish Tokenization Roadmap This Year After BlackRock, Coinbase Submit Feedback
Summary
- The U.K.'s Financial Conduct Authority (FCA) and the Bank of England plan to publish a roadmap for the tokenization of financial assets later this year.
- Regulators received a total of 123 responses during the consultation process on tokenization policy.
- Organizations that submitted feedback included BlackRock, Coinbase, Hedera and Ripple, and regulators plan to use those responses to draw up a roadmap for the U.K.'s tokenization market.
Forecast Trend Report by Period
The Financial Conduct Authority and the Bank of England plan to publish a roadmap for the tokenization of financial assets later this year.
Cointelegraph reported on September 14 that regulators received a total of 123 responses during a consultation on tokenization policy.
Organizations that submitted feedback included BlackRock, Coinbase, Hedera and Ripple.
The FCA and the Bank of England plan to use the responses to draw up a roadmap outlining the policy direction for the U.K.'s tokenization market.
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