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The UK promotes on-chain public debt market and sets up a "Digital Market Supervisor".
According to news from Hashkey, the UK Treasury will establish a "Digital Markets Director" to promote the on-chain transformation of blockchain-based government bond markets. Lucy Rigby, the Treasury's Economic Secretary, stated that a "Paperless Market Taskforce" will be created to oversee the transition from paper equity certificates to electronic formats. The government has released a "Wholesale Financial Markets Digital Strategy" to advance the adoption of blockchain and artificial intelligence, and has launched the "Digital Gilt" project, inviting technology providers to participate in issuing UK government bonds on the blockchain.
#Blockchain Cryptocurrency #FinancialInnovation DigitalMarkets #UKGovernment