This timely study explores the evolving market and regulatory landscape of tokenised private money. Drawing on insights from interviews with market participants and policymakers, it documents emerging use cases and examines the challenges of interoperability and programmability. It also explores the shifting regulatory landscape and its role in both enabling and constraining the development of tokenised money.
Produced by the Cambridge Centre for Alternative Finance, in collaboration with Financial Innovation for Impact, this report offers vital insights for policymakers, regulators and market participants seeking to further the development, adoption and interoperability of tokenised money.
