FCA and BoE called to provide certainty on tokenisation regulation

Tokenisation has been predicted to improve market efficiency and resilience while lowering costs ahead of an expected expansion of the technology.  According to the FCA and the BoE, tokenisation – the process of creating a digital representation of a real-world asset such as a share or bond – has "the potential to streamline wholesale markets, making everything from issuing securities to managing assets faster and more efficient".  Despite this optimism, firms have called on the regulator and the UK central bank to provide clarity on infrastructure and regulation as adoption grows.  ...