In a speech yesterday, the new UK Chancellor of the Exchequer, Nadhim Zahawi, said the government would explore blockchain for government bonds.
The Chancellor didn’t go into details while listing various planned Treasury initiatives. “Working to understand how Distributed Ledger Technology (DLT) could be applied to a UK sovereign debt instrument,” he said.
Plans to investigate blockchain were first mentioned in April when the UK published papers on DLT for securities and stablecoin regulation.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
