Digital Money: Global markets and the coming revolution in cross-border settlement

Digital Money: Global markets and the coming revolution in cross-border settlement

On 24 February, the Digital Pound Foundation hosted a webinar entitled ‘Global markets and the coming revolution in cross-border settlement’. The session discussed how new forms of digital money, including central bank digital currency, are opening up possibilities for wholesale cross-border transaction settlement.  These new forms of money have the potential to revolutionise the FX […]

CBDCs are more than a solution to a problem: Response to the House of Lords CBDC report

CBDCs are more than a solution to a problem: Response to the House of Lords CBDC report

Co-authored by Jannah Patchay, Jim Ford and Phil Kenworthy, on behalf of the Digital Pound Foundation’s Policy, Legal and Regulatory Working Group The House of Lords Economic Affairs Committee (EAC) published a report, in January 2022, entitled “Central bank digital currencies: a solution in search of a problem?”. The report’s publication followed the EAC’s Call […]

Looking back at 2021 for clues as to what to come

Looking back at 2021 for clues as to what to come

Authors: John Velissarios (Accenture) and Jannah Patchay (Digital Pound Foundation) Digital finance saw incredible growth last year. At Accenture, we saw our digital exchange clients get their licenses to operate. We have been driving projects with leading central and commercial banks to re-architect the geography of wholesale central bank digital currency settlement and have been […]

New wine in old wineskins: Are central bank digital currencies just another development in the payments landscape or are they a paradigm shift?

Are central bank digital currencies just another development in the payments landscape or are they a paradigm shift?

Author: Jim Ford, Originating Member, Digital Pound Foundation Before the advent of bottles, wine was held in wineskins, usually made of goat or sheep hair. Newly-produced wine was always poured into new wineskins because old or used wineskins would expand and explode under the pressure of the new wine. Similarly, with central bank digital currencies, […]

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