PANews reported on October 2 that according to the Financial Times, British Finance Minister Tulip Siddiq is pushing the UK to issue digital gilt bonds on the blockchain. But an official familiar with the matter revealed that the Debt Management Office (DMO), the executive agency of the Ministry of Finance responsible for issuing and managing government bonds, opposed the move. A Ministry of Finance official who was briefed on the discussion said: "There has been some resistance to reform, but Tulip doesn't see any specific reason why it shouldn't be done. In the long run, this is what we want to achieve."