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Cross-border tokenized bank deposits need shared rules for smooth transactions, says UK Finance panel.

Market News
23 Oct 2026
Tokenpost
View Source
Neutral
Cross-border tokenized bank deposits need shared rules for smooth transactions, says UK Finance panel.

At a UK Finance conference, experts highlighted the need for shared standards and rulebooks to enable cross-border transactions using tokenized bank deposits. Tokenized deposits are digital forms of bank money that allow programmable payments while keeping traditional protections. The UK’s Great British Tokenised Deposit initiative has already completed live retail transactions, and Japan is testing settlement methods for tokenized deposits. The panel discussed solutions like shared compliance functions and smart contracts to link national systems, aiming to create seamless international payment corridors in the future.

Cross-border tokenized deposits are discussed in the news, with Pluang market data providing context for cryptocurrency trends. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 23, 2026 12:31 WIB: out of 50 major cryptocurrencies, 15 rose and 33 fell today. Notable movers include CAKE at Rp38.381 with a 1-day change of -3.94% and a typical hold time of 75 days, ENJ at Rp483 down 3.50% with a 105-day hold time, and ATOM at Rp32.300 up 3.50% with a 61-day hold time. Pluang order activity shows CAKE with 55% Sell / 45% Buy, ENJ and ATOM both with 90% Sell / 10% Buy.

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