<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvZmRlNDEwZDctM2M0YS00MWIyLWI2NzItZjhhZGJjZGU2OGMxLmpwZw==.jpg"></p><p>BoE governor Andrew Bailey highlighted that the UK already has a wholesale settlement system with a major upgrade. </p>