🚀 **Breaking News in Blockchain & Crypto!**

U.K. Finance, along with 11 member banks including Barclays and HSBC, has completed the experimental phase of a tokenization and CBDC platform. This initiative aims to enhance economic value and introduce new functionalities like programmable payments.

Key Points:

- The platform supports tokenized commercial bank deposits and a simulated wholesale CBDC.

- It includes an API layer for interoperability across various forms of money.

- The U.K.'s legal framework is flexible enough to support this innovation.

What are your thoughts on the future of CBDCs and tokenization? Drop your comments below! 💬

Read more: Bank of England to Carry Out CBDC, Digital Ledger Experiments