Commercial models of a potential UK retail CBDC
Original Source: UK Finance The Bank of England (the Bank) and HM Treasury are currently considering whether the introduction of a UK retail central bank digital currency (CBDC) would be beneficial for the UK economy and the continued integrity of pound sterling in light of increasing use of digital money. This decision could have significant […]
Treasury Committee launches inquiry into crypto-assets
Original Source: UK Treasury The Treasury Committee today calls for written evidence as it launches a new inquiry into crypto-assets. Inquiry: The crypto-asset industry Treasury Committee In the inquiry, the Committee will explore the role of crypto-assets in the UK, as well as the opportunities and risks they bring to consumers and businesses. The Committee […]
Introducing poundtoken, the First Fully-backed GBP Stablecoin Regulated in the British Isles
Original Source: Fintech & Finance News Blackfridge, the Isle of Man-based fintech company, has launched poundtoken, the first British-regulated stablecoin fully backed 1:1 by pound sterling (GBP). poundtoken, known by the ticker “GBPT”, allows direct GBP access to digital asset markets and facilitates frictionless real-time settlements. Designed with simplicity and consumer confidence at its core, […]
IRSG Report – The Use of Central Bank Digital Currencies (CBDCs) in Wholesale Markets
Original Source: IRSG There is accelerating momentum behind the development of CBDCs. Many central banks are exploring whether and how to establish CBDCs and some have already done so. And, there are many benefits to the inclusion of CBDCs in the current payments landscape, including broader accessibility, better record keeping and making payments more efficient. […]
Clifford Chance joins Digital Pound Foundation membership community to co-lead new Policy, Legal and Regulatory Working Group
We are pleased to announce the addition of Clifford Chance to the Digital Pound Foundation’s membership community. As one of the world’s pre-eminent law firms, Clifford Chance’s global reach and breadth of expertise across fintech is industry-leading. We are also delighted to announce that Clifford Chance will be co-chairing the Digital Pound Foundation’s Policy, Legal […]
Fungibility and Interoperability in the Digital Money Ecosystem
In this joint webinar co-hosted by the Digital Euro Association and the Digital Pound Foundation, as part of a series of partnership collaborations, we explore the concepts of fungibility and interoperability, how they interrelate, and why they are important considerations for the future of new forms of digital money in any jurisdiction. Fungibility is not […]
Bank of England calls for crypto regulation to head off systemic risks
CBDCs on the rise: public policy motivations under the microscope
Original Source: Global Government Fintech Global Government Fintech Lab: Panel Session Five The Global Government Fintech Lab 2022’s fifth panel session explored the public policy considerations behind the mounting interest in central bank digital currencies Central bank digital currencies (CBDCs) are an increasingly prominent topic for government authorities worldwide. The fifth (and final) session of […]
Digital Currencies and the Future of Money | Poundcast Episode 1
Description In episode 1, podcast host Jannah Patchay, Policy Lead and one of the originating members of the Digital Pound Foundation is in conversation with Lee McNabb, Payments Strategy Lead at NatWest. In this introductory episode, Jannah and Lee discuss some of the key questions often asked about digital currency such as: What is a […]
Project Rosalind Phase 1 – Invitation for Expression of Interest (EOI) for API Users and Advisors Group
