TechFlow News, May 20: According to a Cointelegraph report, Sarah Breeden, Deputy Governor of the Bank of England, stated at the London City Week event that tokenization holds promise for reducing payment costs, accelerating settlement speeds, and enhancing financial market efficiency—provided trust and interoperability are preserved. She emphasized that central bank money will continue to serve as the “anchor” of the monetary system, while supporting the parallel development of diverse payment forms—including tokenized deposits, regulated stablecoins, and retail central bank digital currencies (CBDCs). At the infrastructure level, the Bank of England has proposed extending the operating hours of its core settlement systems to near 24/7 to meet cross-border payment and securities settlement needs.
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