In this podcast episode, the focus is on the growing acceptance of digital assets and blockchain technology in the financial services sector. Although progress was initially slow due to regulatory uncertainties and confusion, a recent survey reveals that financial institutions are significantly expanding their internal innovation teams. The conversation explores the exciting possibilities of tokenization, especially in the fixed income market, and examines the changing regulatory environment, including the UK's digital security sandbox. While challenges like regulatory frameworks and scalability still exist, the panelists remain optimistic about future adoption, driven by potential cost savings, enhanced efficiency, and benefits for consumers.
