Bank of England Eyes Tokenized Collateral to Speed Up Trade Margins

Bank of England has opened a consultation on how central counterparties (CCPs), institutions that sit between buyers and sellers to manage trade risks, could accept tokenized collateral. This is another step toward bringing blockchain-based tech into mainstream financial markets. Announced October 29, the proposal is meant to speed up and streamline collateral management, without putting […] Read The Full Article Bank of England Eyes Tokenized…