Bank of England Working to Synchronize Blockchains With National Payment System

The Bank of England is targeting blockchain interoperability. Credit: Joaquin Carfagna via Pexels. Key Takeaways The Bank of England is exploring blockchain interoperability for its national settlement system. I will launch a new lab to pursue the concept in 2026. With synchronization, central bank money could be used to trigger actions on-chain and vice versa. The Bank of England (BoE) is preparing to embed blockchain interoperability into the U.K.’s national payments infrastructure. As part of it ...