🇬🇧 UK considers issuing blockchain-based government bonds! 🌐

- Minister Tulip Siddiq pushes for 'digital gilts' despite opposition from Debt Management Office (DMO).

- Blockchain could modernize financial markets, boost UK's global position in digital assets.

- Blockchain gilts help simplify issuance processes, increase transparency and eliminate intermediaries.

🚫 DMO worries about technical and legal challenges in transitioning from traditional finance to blockchain.

🇬🇧 Labour's victory brings new hope to crypto industry!

- CryptoUK optimistic about relationship with new government, believes crypto will contribute greatly to Prime Minister Keir Starmer's goals.

What do you think about this move by the UK? Comment now! 💬