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Treasury chancellor responds to treasury committee regarding proposed pilot for DIGIT

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Published on: 14 February 2025

Published by LNB News

LNB News 14/02/2025

Document Information

Issue Date: 14 February 2025

Published Date: 14 February 2025

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Chancellor has issued her response to the Treasury Committee’s (Committee) letter of 5 December 2024, which requested clarification on various aspects of the proposed pilot for a Digital Gilt Instrument (DIGIT) using distributed ledger technology. The Committee inquired about the potential benefits, cost implications, target investors, technological choices, and measures of success for the DIGIT pilot.

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