UK to Trial Sales of Blockchain-Based Gilts Within Two Years
- Labour embraces use of digital debt in UK’s financial markets
- Reeves to announce plan in Mansion House speech Thursday
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The UK plans to begin issuing digital gilts within the next two years, as the government latches onto technology it’s been slow to embrace.
Chancellor Rachel Reeves is expected to announce a digital issuance trial in her Mansion House speech to the City of London on Thursday, according to people familiar with the matter. Chancellors traditionally use the forum to announce policies to support the financial industry.