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Research & speechesT1RegulatorUK

BoE's Sasha Mills: the legal and commercial frontier of digital assets

Published Quote last verified

  • Tokenized deposits
  • Regulation

Executive summaryFact

Bank of England Executive Director Sasha Mills set out how the Bank, working with the FCA, HM Treasury and industry, is laying foundations for tokenised wholesale markets in the UK, including the joint Call for Input on Tokenisation published in May.

Primary source: Bank of England speeches ↗

Key factsFact

Jurisdiction
UK
Source
Bank of England speeches
Source tier
Tier 1 · Regulator / central bank

From the sourceFact

“In May, we, with the FCA, published a Call for Input on Tokenisation which set out our commitment to enabling the benefits of tokenisation in the UK's wholesale financial markets.”

Verbatim from Bank of England speeches✓ string-matched against the live page 2026-10-22

Why it matters for banksAnalysis

UK banks active in wholesale markets should track the Bank and FCA tokenisation workstream, as it is likely to define settlement-asset and infrastructure expectations.

Editorial analysis, not advice.

AIAI-assisted: summary and analysis were drafted with AI from the primary source and are the editor’s responsibility. AI-drafted from the primary source; quote string-matched by scripts/verify.mjs. Methodology · Corrections · Report an error

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