UK was keeping away from crypto as most of the asylum seekers in UK are basically thugs who made crime using crypto. And slowly that is changing, UK is adopting the crypto framework for the new generation.
There is more transparency and so that is where they are making the crypto based tokenized deposits and RWA as their future.
3 banks came from the UK to do a test on the tokenized deposits. And they tried the interbanking of the movement of the funds for the tokenized deposits. This marks a start for the UK in the world of the blockchain more strongly.
As the EUR comes with the digital CBDC and then there would be more adoption across the world. Then the GBP too would finish by then for the movement of the funds. It would be interesting to see how that would turn up for the consumers.
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