The U.K. government will launch a pilot to deliver a digital gilt instrument - similar to a bond - using distributed ledger technology, realizing its vision for financial innovation.
The government's commitment to innovation is underscored by their plan for a Digital Gilt Instrument pilot, utilizing distributed ledger technology as a modern approach to financing.
Tulip Siddiq, economic secretary, mentioned forthcoming plans for the crypto sector, indicating Labour’s intent to build upon policies established by the previous government.
The upcoming Mansion House Speech serves as a platform for Rachel Reeves to outline the Digital Gilt Instrument pilot and regulatory measures, promoting competitiveness and demonstrating pro-innovation.
#digital-gilt-instrument #distributed-ledger-technology #financial-services #cryptocurrency-regulation #uk-government-innovation
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