FUTURE OWNED
Emerging research, developments and questions. A map of what we are following.
CURRENT · Money / Ownership / Tokenisation / Regulation
The FCA has issued guidance on using distributed-ledger technology within the existing framework for authorised funds, including fund registers.
Original source ↗BEING TESTED · Markets / Infrastructure / Tokenisation / Regulation
Firms admitted to Gate 2 of the Bank of England’s Digital Securities Sandbox may undertake live activity. Gate 1 admission alone does not permit it.
Original source ↗BEING TESTED · Money / Stablecoins / Infrastructure
Eligible sandbox firms may apply to use qualifying stablecoins for settlement, subject to requirements and case-by-case assessment.
Original source ↗PROPOSED · Government / Markets / Tokenisation / Money
HM Treasury plans an initial Digital Gilt Instrument transaction by the first quarter of 2027, using HSBC Orion. This remains a planned issuance.
Original source ↗CURRENT · Markets / Regulation / Infrastructure
The FCA’s wholesale-market feedback statement identifies post-trade processes and collateral movement as priorities and proposes a joint roadmap with the Bank of England.
Original source ↗RECURRING QUESTIONS
THE FEATURE SERIES
From land and creative IP to infrastructure and digital rights: start with the asset, then examine the rights.
Explore the series ↗A REAL-WORLD TEST CASE
Ownership records, control, liquidity and the distance between a token and a legal right.
Follow the property questions ↗