Bank of England opens consultation on tokenized collateral for clearing
Summary
The Bank of England has launched a consultation regarding the use of tokenized collateral for clearing. Under the proposed guidance, central counterparties would be required to demonstrate that these digital assets satisfy established liquidity and risk standards.
Central counterparties would need to show tokenized collateral meets liquidity and risk tests under proposed Bank of England guidance.
Source: Read the full story at Cointelegraph.com News
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