Written Question·Treasury·UIN 61168

Digital Assets

Tabled: 19 June 2025
Answered: 24 June 2025
Named Day

Question

Mark Garnier

ConservativeWyre Forest

To ask the Chancellor of the Exchequer, what steps her Department is taking with the Financial Conduct Authority to help ensure that digital sovereign instruments issued by the Digital Securities Sandbox are fully interoperable with existing (a) financial

Answer

Emma Reynolds
The Government is taking forward its digital gilt instrument (DIGIT) pilot which will be issued onto a digital securities platform within the Digital Securities Sandbox (DSS). With this pilot, the Government is seeking to explore how distributed ledger te...

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