According to Bloomberg, the UK government is set to appoint a "Digital Markets Commissioner" to coordinate efforts in the private sector to promote the tokenization of wholesale financial markets. Lucy Rigby, Economic Secretary to the Treasury, announced during the "Digital Assets Week" conference in London that a "Dematerialisation Market Action Taskforce" will also be established to oversee the transition process as the UK financial markets gradually phase out paper stock certificates. These initiatives are part of the UK's "Digital Strategy for Wholesale Financial Markets" released in July this year, aiming to modernize asset issuance, trading, clearing, and settlement systems through technologies like blockchain and artificial intelligence. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=49909