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PANews reported on July 16 that according to the official website of the British government, the British government announced a strategy for the digitalization of wholesale financial markets, which explicitlyPANews reported on July 16 that according to the official website of the British government, the British government announced a strategy for the digitalization of wholesale financial markets, which explicitly

UK releases wholesale financial market digitalization strategy to promote DLT and stablecoin innovation

Author: PANews

Source: PANews

2025/07/16 07:58

1 min read

PANews reported on July 16 that according to the official website of the British government, the British government announced a strategy for the digitalization of wholesale financial markets, which explicitly supports the application of distributed ledger technology ( DLT ) and asset tokenization in the field of wholesale finance. The strategy proposes that the government will promote the industry to identify the best application scenarios of DLT , support the tokenization of financial assets and the digitization of post-trading processes, and test a variety of digital payment solutions including stablecoins through the "Digital Securities Sandbox". In addition, the UK will improve relevant legislation and regulatory frameworks, encourage the industry to form cross-market alliances, drive digital innovation, and consolidate its leading position in global financial technology.

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