holders: No direct change for token holders yet; it could make tokenised bonds and funds more usable as margin in UK clearing over time.
- On 29 Oct 2026 the Bank of England consulted on what it expects from UK clearing houses (CCPs) that want to accept tokenised versions of collateral they can already take. It says current rules are no barrier and proposes no new regime; responses close 12 Feb 2027 (Bank of England CP). See Settlement & matching and International regimes.