FCA and Bank of England to Develop Tokenization Roadmap After 123 Responses

The U.K. Financial Conduct Authority and the Bank of England will develop a tokenization roadmap based on feedback from 123 responses. According to NS3.AI, most respondents identified post-trade processes as the main opportunity for adoption. The roadmap is expected later this year and will set target dates for the U.K.'s wholesale tokenization work.