In a bid to become a worldwide crypto hub, the United Kingdom has announced that it will undertake live testing of blockchain technology during market activities such as trading stocks as well as bonds, and settlement of those completed transactions. These tests are scheduled to begin in 2023.

Gwyneth Nurse, the director general in charge of financial services at the United Kingdom’s Ministry of Finance, says the use of distributed ledger technology is a vital priority through which the infrastructure…

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