Search results for Future Retail
Crypto
UK revises retail payments blueprint to reflect tokenisation and digital currency infrastructure
Britain has set out a plan to reflect tokenisation and new forms of digital currency in core infrastructure for its future retail payments system. The UK Treasury published a revised national retail payments modernisation roadmap and pointed to building a “diverse multi-currency ecosystem”. The revision includes tokenisation and digital currencies as key elements and calls for infrastructure allowing interoperability with existing systems. The Financial Conduct Authority has also unveiled a crypto regulatory regime with a licensing timetable running into 2027.
Crypto
Bank of England sets out tokenisation-led finance modernisation plan, stablecoin rules draft due in June
Bank of England Deputy Governor Sarah Breeden set out a strategy to modernise Britain’s financial system with tokenisation at its core. Speaking at the City Week 2026 conference in London, she said future retail payments should be built on interoperable forms of money including tokenised deposits and stablecoins. She said distributed ledger technology could cut intermediaries and speed up payments, and that smart contracts could raise efficiency.
Industry
Shinsegae to build South Korea\'s largest AI data centre, aims to lead retail with AI commerce
Shinsegae Group plans to build what it described as South Korea\'s largest AI data centre in partnership with U.S. startup Reflection AI and to develop a full-stack AI factory offering cloud services and tailored AI solutions. The company said it aims to become an AI cloud provider while seeking synergies with its retail business. The partners signed an MOU in San Francisco on March 16 and plan to establish a joint venture within the year.
