LIQUIDABlog
Research & Commentary
Institutional analysis across tokenised UK gilts, onchain UK bonds, regulated stablecoin UK policy, and FCA sandbox fintech considerations.
Market Structure
09: How Do Repo Markets Work in the UK?
A research-driven guide to how the UK repo market works, including gilt collateral, settlement mechanics, market participants, and the Bank of England’s evolving resilience agenda.
Read articleMarket Structure & Digital Money
08: The global banking pivot: why tokenised deposits and compliant stablecoins are the emerging mainstream
Major banks are testing stablecoins and tokenised deposits. Here is what that trend means for the UK regulatory direction, settlement infrastructure, and the future of onchain finance.
Read articleFund Infrastructure & Tax
07: Tokenisation x HMRC
The FCA is progressing fund tokenisation and HMRC is refining DeFi tax approaches. Here is what both directions imply for onchain collateral and compliant markets.
Read articleSettlement Infrastructure
06: Atomic settlement in central bank money x RTGS synchronisation
The Bank is building RTGS synchronisation to enable atomic settlement in central bank money, including DSS digital securities transactions. Here is what is happening in 2026.
Read articleMarket Structure
05: Tokenised gilts and DIGIT: the missing link in compliant RWA settlement
DIGIT is the UK's digital gilt pilot inside the Digital Securities Sandbox. Here is what is being tested: on-chain settlement, OTC functionality, interoperability and transparency.
Read articleMarket Structure
04: Tokenised deposits vs stablecoins vs a digital pound: the UK multi-money future
A clear map of UK digital money: tokenised deposits, regulated stablecoins and the digital pound debate—where each fits in payments and settlement.
Read articleRegulatory Insights
03: Sterling systemic stablecoins and what the Bank is actually proposing
Backing assets, redemption, holding limits and liquidity backstops—what the Bank of England is proposing for sterling-denominated systemic stablecoins.
Read articleRegulation & Market Structure
01: The UK Is Quietly Building the Infrastructure for On-Chain Finance
Across regulatory initiatives like the Digital Securities Sandbox and proposed systemic stablecoin rules, the UK is quietly building the foundations for tokenised financial markets. This article explores how blockchain, regulated digital money, and tokenised assets may reshape financial infrastructure.
Read articleRegulatory Insights
02: Digital Securities Sandbox: A Field Guide for Founders and Institutions
A practical guide to the Digital Securities Sandbox: stages, gates, SANs and why the UK is testing tokenised financial infrastructure within regulated markets.
Read articleNewsletter
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