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<strong>UK City Minister Advocates for Blockchain Bonds Amid Government Hesitations</strong>

UK City Minister Advocates for Blockchain Bonds Amid Government Hesitations

In a bold move to modernize financial markets, City Minister Tulip Siddiq is advocating for the adoption of blockchain-based bonds, commonly referred to as 'gilts'. This initiative is currently facing pushback from the UK's Debt Management Office, which raises concerns over the implications of such technological innovations in the realm of public finance.