Written questions

Digital Assets

Commons · Question 62609 · Tabled 25 Jun 2025 · Treasury · Official record

Answered 1 Jul 2025

Question

Asked by Mark Garnier

To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that the (a) development and (b) delivery of the Digital Gilt Instrument programme supports UK-based firms; and if she will make an assessment of the potential impact of

Answer

Answered by Emma Reynolds, 1 Jul 2025

The Government is taking forward its digital gilt instrument (DIGIT) pilot which will be issued onto a platform within the Digital Securities Sandbox (DSS). Eligibility for the DSS requires that firms must be legally established in the UK, and therefore D...