Egypt - Digital Pound Foundation

From Pilot to Policy: The Accelerated Adoption of Digital Currencies in MENA

A significant focus has been placed on the development of Central Bank Digital Currencies (CBDCs) within the Middle East and North Africa (MENA) region, highlighting the UAE’s strides in digital currency integration. A recent EY report outlined the UAE Central Bank’s ongoing efforts to incorporate the digital Dirham, inviting commercial banks and payment processors to […]

Egypt Sets Sight on 2030 for Launching E-Pound CBDC, Aiming for Complete Financial Inclusion

Egypt is reportedly on track to introduce its own central bank digital currency (CBDC), known as the e-pound, by 2030. This initiative, led by the Central Bank of Egypt (CBE), is aimed at enhancing the competitiveness of the country’s national currency and improving the effectiveness of its monetary policy. A report detailing Egypt’s strategic economic […]

Central bank of Egypt (CBE) studies using central bank digital currency

Source: Daily News Egypt The Central Bank of Egypt (CBE) revealed that it is studying applying Central Bank Digital Currency (CBDC). CBE indicated that CBDCs are safe and stable, as an alternative to other types of cryptocurrencies and their risks regarding the digital economy, financial inclusion and digital financial services, as a continuation of the […]

Impending arrival – a sequel to the survey on central bank digital currency

Proceeding with caution – a survey on central bank digital currency

About the Foundation

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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Collaborate with other members through our various working groups, discussing and building concepts around use cases and payments, innovative approaches to privacy, identity, and sustainability, and addressing legal and regulatory concerns collaboratively. Join our events, both in-person and online, and participate across our panel discussions, roundtables, and webinars. Meanwhile, our audience is large and growing quickly, providing members with additional outlets to share and amplify their latest news and developments.