Apple Announces New NFC Functionality: A Boost to Crypto and Stablecoin Payments?
Apple will soon allow developers to integrate NFC contactless transactions directly within their apps using the Secure Element, independent of Apple Pay and Wallet. Starting with iOS 18.1, this new capability will open avenues for cryptocurrency payments, digital IDs, and more within apps. Leveraging advanced security features like the Secure Enclave and biometric authentication, this […]
Bank of England Releases New Paper on Innovation in Money and Payments
The Bank of England has published a discussion paper entitled “The Bank of England’s Approach to Innovation in Money and Payments,” which outlines its strategy for adapting to technological changes in the financial landscape. This paper addresses the opportunities and risks associated with innovations in money and payments, aiming to maintain trust and confidence in […]
Bank of England and BIS Unveil Pyxtrial: A Tool for Stablecoin Reserve Monitoring
A new report from the Bank of England and the Bank for International Settlements (BIS) has shared the outcomes of a proof of concept (PoC) for Pyxtrial, a regulatory or supervisory tool designed to monitor the asset backing of stablecoins. This joint project between the BIS Innovation Hub and the Bank of England explores how […]
Unlocking the Potential of Web3 in Financial Services | Poundcast Episode 18
In episode 18 of the Poundcast, we welcome Rita Martins, author of the book “Web3 in Financial Services: How Blockchain, Digital Assets and Crypto are Disrupting Traditional Finance”. Rita discusses her career journey from consulting roles at Accenture and HSBC to her current focus on blockchain technology in finance. During this episode, Rita elaborates on […]
Digital Money Event (23 October 2024)
Details Location: London, United KingdomDate: Wednesday 23 October 2024Organised by: Digital Pound Foundation Description The Digital Money Event 2024 is the destination annual event for discussing the implementation of a digital Pound in both public and private forms. Assembling up to 200 guests, our members, partners, fintechs, policymakers, leading academics and the media will meet to […]
UK Centre for Blockchain Technology partners with the Digital Pound Foundation
We are pleased to announce that the UK Centre for Blockchain Technologies (UK CBT) has partnered with the Digital Pound Foundation (DPF). UK CBT is the national hub for blockchain innovation and expertise in the UK. Its vision is to drive the development and deployment of blockchain technologies, fostering trust, collaboration and innovation. The UK […]
Wirex and Visa Announce Partnership to Enhance Digital Currency Use in the UK and EEA
Earlier this week, Wirex announced a partnership with Visa, aiming to promote the use of digital currencies in the UK and the European Economic Area (EEA). A key aspect of this collaboration is the launch of Wirex Pay, a modular Zero Knowledge (ZK) payment chain developed by Wirex. Wirex Pay is designed to simplify how […]
Attitudes to ‘Digital Pound’ under the microscope
The University of Manchester’s Centre for Financial Technology Studies, with support from the Digital Pound Foundation, has released a new report titled “Paths to Success for a Digital Pound: A Research Note on Consumer Attitudes to Adoption“. Authored by Andrew Buckley, Vasileios Karountzos, and Professor Markos Zachariadis, the report explores consumer perspectives on a Digital […]
DPF Summer Event (17 July 2024)
Details Location: London, United KingdomDate: Wednesday 17 July 2024Organised by: Digital Pound FoundationHosted by: CMS Description The Bank of England is actively exploring the introduction of a retail digital Pound Central Bank Digital Currency (CBDC). In the course of its public engagement, through discussions and consultations, privacy has emerged as a key concern from a wide […]
How Star Wars and Star Trek Got The Future of Money So Wrong! | Poundcast Episode 17
In episode 17 of the Poundcast, we are thrilled to host technologist and thought leader Dave Birch. With a rich background in secure communications and financial services, Dave shares his insights on the evolution of money from physical forms to digital assets. We delve into the historical context of money, discuss the role of digital […]
