UK Finance

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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.

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The UK's Financial Conduct Authority has begun the final phase of consultations on new regulations for the crypto sector, focusing on conduct standards and the application of consumer duties. These rules aim to ensure firms prioritize good outcomes for clients, including vulnerable investors. The consultations are open for feedback until March 12.

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