LONDON, Jan 29 (Reuters) - The Bank of England is considering expanding the range of assets that could be accepted as collateral in tokenised form, Sasha Mills, Executive Director of Financial Market
Bank of England Considers Broader Acceptance of Tokenised Collateral
Exploring Tokenised Assets as Collateral
LONDON, Jan 29 (Reuters) - The Bank of England is considering expanding the range of assets that could be accepted as collateral in tokenised form, Sasha Mills, Executive Director of Financial Market Infrastructure, said on Thursday.
Background on Tokenised Assets
The BoE last year consulted on plans to start permitting tokenised assets as eligible collateral.
Industry Perspectives on Tokenization
“Some thought is needed on traditional assets that are not already acceptable as regulatory collateral, but which the industry would like to see tokenized and then used as collateral,” Mills said at an event in London.
Future Considerations for Regulatory Collateral
(Reporting by Phoebe Seers; Editing by Tommy Reggiori Wilkes)
