TechFlow reported on November 15 that, according to The Block, the UK government plans to pilot a digital government bond (DIGIT) using distributed ledger technology (DLT). Chancellor Rachel Reeves announced the pilot during her first speech at Mansion House on Thursday, positioning it as part of the government's broader financial services growth and competitiveness strategy. Recent initiatives include launching a digital securities sandbox, enabling companies to test DLT applications and tokenization projects within a controlled regulatory framework.
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