FCA and Bank of England Launch Public Consultation on Tokenized Wholesale Markets

According to BlockBeats, on May 18, the UK Financial Conduct Authority (FCA) and Bank of England jointly launched a public consultation to gather industry feedback on regulation, infrastructure, and market practices for tokenized wholesale financial markets in the UK.

The consultation covers tokenized securities and post-trade infrastructure, including prudential regulation, tokenized collateral, and settlement mechanisms. Eligible respondents include banks, investment firms, asset managers, central securities depositories, central counterparties, trading venues, and fintech companies. Feedback must be submitted by July 3, with the FCA and Bank of England expected to publish their response in summer 2026 and release a digital wholesale market roadmap later that year.