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The Bank of England and FCA Just Published the UK's Tokenization Blueprint
May 18, 2026Policy

The Bank of England and FCA Just Published the UK's Tokenization Blueprint — And It Goes Further Than Expected

A joint discussion paper from the Bank of England and the Financial Conduct Authority released on May 18 sets out the most detailed vision yet for how tokenized financial infrastructure will be integrated into the UK's payments and settlement system — including stablecoin use for institutional settlement, a graduated transition to 24/7 liquidity operations, and a synchronisation lab to connect the Real Time Gross Settlement system to distributed ledger technology.

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