UK Finance launches pilot for tokenised sterling deposits
UK Finance launches GBTD pilot with six banks to test tokenised sterling deposits until 2026. Quant Network to power digital pound pilot, exploring payments, remortgaging and bond settlement. FCA readies…
Three major UK banks experimenting with tokenised deposits amid ‘Britcoin’ uncertainty
Barclays, Lloyds, and Citi banks experimenting with tokenised deposits. The trial aims to explore digital banking potential amidst the uncertain future of ‘Britcoin’. BIS’s Agora project and UK government support…