This report explores the integration and regulatory treatment of public blockchains within the banking and financial system.
It focuses on evolving public blockchain technology from experimental infrastructure into viable components of financial services, addressing regulatory frameworks, functionality requirements, and the role of regulators. The report emphasizes the need for consensus among technologists, financial professionals, and regulators to enable innovation and maintain capital flow, while discussing permissioning, scaling trust, and retooling blockchain ecosystems for adoption in regulated environments.