Bank of England consults on near-24/7 settlement for tokenized assets

May 23, 2026

An Ruwaito ta hanyar AI

The Bank of England launched a consultation on May 18 to extend settlement hours for its RTGS and CHAPS systems toward near-continuous operation. The move aims to align traditional infrastructure with tokenized finance and stablecoin markets. Proposals include weekend settlement and synchronization services for digital assets.

On May 18 the BoE opened formal consultation on lengthening hours for the Real-Time Gross Settlement system and CHAPS high-value payments network. The plans call for an extra settlement day on weekends and certain bank holidays, plus longer windows on existing days. No changes would occur before 2029, with fuller hours arriving no earlier than 2031.

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Illustration of Hong Kong awarding stablecoin licences to HSBC and Standard Chartered group, featuring executives, HKD stablecoin hologram, and city skyline.

Hong Kong awards stablecoin licences to HSBC and StanChart-led group

April 10, 2026 An Ruwaito ta hanyar AI Hoton da AI ya samar

Hong Kong has awarded its first stablecoin issuer licences to HSBC and a joint venture led by Standard Chartered, marking the city's latest step towards becoming a global digital asset hub. HSBC plans to launch its Hong Kong dollar stablecoin in the second half of this year, integrating it into its PayMe and mobile banking platforms.

Bank of England and FCA set out shared vision for tokenization

The Bank of England and the Financial Conduct Authority have launched a joint Call for Input to advance tokenization in UK financial markets. The initiative seeks industry feedback on rules and infrastructure changes. It aims to shift tokenization from pilots to full production.

HKEX proposes halving share settlement cycle to T+1 to boost Hong Kong’s profile

April 17, 2026 An Ruwaito ta hanyar AI

Hong Kong Exchanges and Clearing (HKEX) released a consultation paper on Friday proposing to shorten the share settlement cycle from T+2 to T+1, targeting implementation in the fourth quarter of 2027. The reform aims to align the city’s US$7.5 trillion market with international peers and enhance market efficiency and liquidity.

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HSBC signals intent to join Hong Kong’s stablecoin regime

HSBC has signalled its intent to engage with Hong Kong’s forthcoming stablecoin regime, as its CEO Georges Elhedery declined to confirm a licence application but noted ongoing discussions with regulators. This indicates the bank’s interest in the city’s digital innovation landscape. The move aligns with Hong Kong’s push to establish itself as a hub for digital asset trading.

National Bank of Ethiopia restricts digital payments in various apps temporarily

February 24, 2026 An Ruwaito ta hanyar AI

Ethiopia's National Bank has temporarily restricted digital payment services in applications without its license, including cryptocurrencies. This measure, based on compliance inspections, aims to safeguard financial security. The bank advises individuals to rely on verified information for transactions.

May 17, 2026 18:22