Odaily Planet Daily News: The UK Treasury has selected HSBC Holdings Plc’s blockchain platform Orion for a pilot issuance of the country’s digital sovereign bond instrument DIGIT. HSBC stated that issuing bonds on the blockchain can improve the structure of the UK debt capital market by accelerating settlement speeds. The UK Treasury plans to issue these digital instruments within a regulated testing environment managed by the Financial Conduct Authority. Previously, HSBC’s Orion platform has been used globally to issue over 3.5 billion USD in digital native bonds, including the European Investment Bank’s first digital pound bond and a 1.3 billion USD equivalent green bond issued by the Hong Kong government. (Bloomberg)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The US Dollar Index rose 1.5% this week, marking the largest gain of the year, driven by safe-haven demand.
The US dollar performed strongly amid Middle East conflicts and soaring oil prices, rising 1.5% this week, the largest increase in over a year. Despite the US non-farm payroll report showing job reductions, the market remains influenced by oil prices and uncertainty, continuing to push the dollar higher.
GateNews35m ago
Ripple Director Spotlights New Crypto Regulatory Milestone in UK - U.Today
Cassie Craddock, CEO of Ripple Labs UK, announced the company's achievement of securing an EMI license and crypto registration from the FCA, marking a significant step in bridging traditional and decentralized finance. Ripple continues to expand its presence in the U.S. and EU with new partnerships and infrastructure developments.
UToday56m ago
Researchers Warn 95% of Bitcoin Nodes Could Be Vulnerable to Underwater Cable Attack - U.Today
A study reveals that targeted attacks on underwater cables can significantly threaten Bitcoin's network, as severing key cables could disrupt a large percentage of nodes. However, random cable failures pose little risk. The use of the TOR network enhances Bitcoin's resilience by leveraging robust infrastructure in Europe.
UToday1h ago
Member of the Iranian Experts Meeting Presidium: Khamenei did not leave a will and did not designate a successor
Gate News Report, March 6 — A member of the Iranian expert meeting presidium stated that Khamenei did not leave a special will, did not specify a successor, and did not give any instructions regarding the appointment of a successor.
GateNews1h ago
White House Economic Advisor Hassett: No plans to discuss tapping the Strategic Petroleum Reserve in the near future; focus on tariffs and tax refund litigation
Gate News Report, March 6 — The Director of the National Economic Council at the White House, Jared Bernstein, made a statement on various economic policy issues. Bernstein stated that prediction markets have their uses. Regarding Iran and oil issues, he pointed out that there will be no discussion of deploying the Strategic Petroleum Reserve (SPR) in the near future, as the military is developing a plan to ensure ship passage. When discussing tariff refunds, Bernstein said that they are monitoring lawsuits initiated by large corporations, and the private sector will agree on the specific method of refunds.
GateNews2h ago
XRP Could Face Securities Classification Under New U.S. Crypto Framework, Says Cardano’s Hoskinson
Charles Hoskinson argues that under the revised CLARITY Act, tokens like XRP would qualify as securities, igniting his feud with the XRP community.
He called Ripple CEO Brad Garlinghouse out again, cautioning that having no laws is better than having a bad law.
Cardano founder Charles Hoskin
CryptoNewsFlash2h ago
