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first_img The Bank of England has launched a consultation on the use of tokenized collateral for central clearing

The Bank of England has launched a consultation on how central counterparties (CCPs) can accept digital forms of eligible collateral, stating that current rules allow for such arrangements provided that the relevant assets meet clearing standards. The draft regulatory statement released by the bank will clarify the matters that CCPs must specify when submitting applications under the existing approval process, covering collateral that has been accepted as well as types that meet the criteria under the proposed UK CCP rulebook but have not yet been used in practice. The Bank of England emphasized that this statement will not create new regulatory obligations.The Bank of England pointed out that tokenized collateral must always be capable of being valued, transferred, and liquidated, including under stress scenarios; the improvement in cross-border transfer speed helps institutions meet margin calls in a timely manner. Sarah Breeden, the Deputy Governor responsible for financial stability, stated that this consultation reflects the bank's goal of promoting innovation in financial market infrastructure while maintaining financial stability, and is part of a broader agenda by regulators and the industry to promote the responsible application of tokenization in financial markets.The consultation document will close for feedback on February 12, 2027, and the Bank of England plans to subsequently publish a policy response and related rules.

Hackers claim to have leaked information of over 40,000 employees from the U.S. Department of Homeland Security through Okta, and DDoSecrets has made it public

According to TechCrunch, a hacker claiming to be from the "Department of Peace" has reportedly obtained a large amount of employee data from the Okta single sign-on system used by the Department of Homeland Security (DHS), which was publicly released on Wednesday by the data transparency organization Distributed Denial of Secrets (DDoSecrets) as the "Icepick" dataset. The leaked records exceed 40,000, accounting for about one-fifth of DHS's approximately 220,000 employees, involving names, positions, work emails, phone numbers, and office locations, along with information related to internal system permissions. Among these, approximately 21,000 records belong to Customs and Border Protection (CBP) personnel, while about 10,000 records involve the Immigration and Customs Enforcement (ICE) and its Homeland Security Investigations (HSI), with nearly 1,000 related to the Cybersecurity and Infrastructure Security Agency (CISA).TechCrunch stated that it has verified the authenticity of some of the data, with timestamps indicating that the data was exported around mid-August. The hacker also provided the data to journalist and hacker maia arson crimew, who then forwarded it to DDoSecrets. Okta responded that its systems and data were not breached; a spokesperson for the Department of Homeland Security has not yet responded to requests for comment. The report indicates that this is the third incident of data leakage from the U.S. government that has drawn attention in the past month, following the theft of Federal Bureau of Investigation personnel files and Pentagon personnel data.
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