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Britain makes crypto technology a priority for streamlining markets

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Reuters UK

By Huw Jones LONDON (Reuters) – Britain will begin live testing of crypto blockchain technology for traditional market activities such as trading and settlement of stocks and bonds next year as part of a drive to become a global “crypto hub”, the finance ministry said on Tuesday. Gwyneth Nurse, the ministry’s director general for financial services, said the use of distributed ledger technology (DLT), which underpins cryptoassets, is a key priority for making financial market infrastructure more innovative and efficient for users. Britain will launch a financial market infrastructure “sandbox”…

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