Belarus - Digital Pound Foundation

Belarus Gears Up for Launch of Cross-Border CBDC, Drawing Inspiration from Russia’s Digital Ruble

In a move mirroring Russia’s efforts, Belarus is poised to introduce its own Central Bank Digital Currency (CBDC), a digital rendition of the Belarusian ruble, aimed at facilitating cross-border transactions. Reports from Minsk-Novosti and Interfax reveal that the National Bank of the Republic of Belarus (NBRB) considers the upcoming CBDC launch as a pivotal milestone […]

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Whilst most CBDC experiments have involved private sector technology providers, the overwhelming majority of these experiments, to date, have not involved participation from other private sector actors. The Digital Pound Foundation is unique in proposing a model whereby the public and private sectors can fully engage in the design, development and adoption of a digital Pound, thus contributing to its successful roll-out and helping drive forward the UK’s transition to a digital economy.

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