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Beyond Faster Horses: Wholesale Financial Markets in the Digital Age

News Financial services Statements & Speeches
Date: 21st Nov, 2024 Source: Bank of England Country: United Kingdom Original Source

Brief

On November 21, 2024, the Bank of England issued an update regarding "Beyond Faster Horses: Wholesale Financial Markets in the Digital Age". The Bank is committed to exploring opportunities for innovation and tokenisation in wholesale financial markets, working alongside innovators to ensure this digital transformation benefits everyone. This includes facilitating innovation in securities settlement, exploring new forms of money, and ensuring regulation remains safe and sustainable, ultimately redefining market connectivity, efficiency, and sustainability.

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Bank of England

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