The UKs Financial Conduct Authority (FCA) is currently testing clearing and settlement solutions using Bitcoin. The financial services regulatory commission has been working with digital currency operation Epiphyte, a firm that settles cross-border payments using blockchain technology.https://news.bitcoin.com/fca-bitcoin-cross-border-transactions/ But are they actually using Bitcoin ?
"Epiphyte will work with the FCA to provide cost efficient and secure transactions, using
a peer-to-peer protocol like Bitcoin."
if its like.... then its not exactly.
it either is or is not bitcoin, there is no such thing as "like bitcoin"
reading the whole thing. its just another sidechain that is getting tethered to hyperledger
it is never about bitcoin. the first couple of words of OP should tell you enough without reading the whole article. when it says The UKs Financial Conduct Authority, it has never been about bitcoin and using it and it will never be, they are all looking for taking blockchain (or the technology) out and somehow use it for their own centralized purposes.