🇬🇧 𝐔𝐊 𝐓𝐞𝐬𝐭𝐬 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐟𝐨𝐫 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐁𝐨𝐧𝐝𝐬!
Chancellor Rachel Reeves has announced the Digital Gilt Instrument (DIGIT), a pilot program using #DLT to issue government debt.
🔹 Aims to modernise financial markets & enhance transparency
🔹 Could improve settlement efficiency & security in bond markets
🔹 Part of the #UK ’s push for #fintech & digital asset innovation
A step toward the future 👀