The Future of Central Bank Digital Currency
Source: Ripple As 2023 unfolds, the future of digital currencies backed by central banks is accelerating. According to a new report from Juniper Research, the global value of central bank digital currencies (CBDCs) will grow dramatically from $100 million today to $213 billion by 2030. Why is this high growth in CBDC adoption and use […]
Digital Pound Foundation expands board with appointment of two new members
The Digital Pound Foundation, an independent forum supporting the implementation of a well-designed digital Pound, is delighted to announce the expansion of its Board of Directors with the appointment of two new Board seats as it continues into its second year of full-time operations. Adding to the Board alongside Founding Members Susan Friedman (Ripple) and […]
Digital Pound Use Case Working Group: Progress Update #1
The Digital Pound Foundation’s Use Case Working Group has been making great progress since its formation and has brainstormed a wealth of possible digital Pound use cases, allowing us to group these into themes and start working on the next level of detail. The group, which consists of representatives from various DPF members including Electroneum, […]
Digital euro to support both NFC and QR payments in stores
Source: NFCW The digital euro should be distributed via apps, digital and physical cards and other form factors that enable consumers to make both NFC and QR code in-store payments with the proposed central bank digital currency (CBDC), according to a European Central Bank (ECB) report. The ECB’s third report on the investigative phase of the […]
DPF Response: HMT Consultation and call for evidence on the Future financial services regulatory regime for cryptoassets
The Digital Pound Foundation (DPF) takes pleasure in responding to this HMT Consultation and call for evidence on the Future financial services regulatory regime for cryptoassets. The DPF is supportive of the UK government’s commitment to place the UK’s financial services sector at the forefront of cryptoasset technology and innovation, and to take a staged […]
Digital Pound Foundation joins the Hyperledger Foundation as an Associate Member
We are pleased to announce that the Digital Pound Foundation (DPF) has joined the Hyperledger Foundation as part of a group of 3 new Associate Members which includes the European Blockchain Association (EBA) along with DPF’s existing partners at the Digital Euro Association (DEA). To kick off their affiliation, the 3 new associate members, including […]
Regulation of Digital Assets in the UK
Source: Financial Conduct Authority (FCA) Speaker: Sarah Pritchard, Executive Director of Markets, and Executive Director of InternationalEvent: City Week 2023Delivered: 25 April 2023Note: This is a drafted speech and may differ from the delivered version Highlights How the bookworm has turned Have you ever noticed how something once alternative or niche suddenly becomes mainstream? Growing up in the 80s and […]
CBDCs in the spotlight at IFGS 2023
Source: Quant Innovate Finance’s Global Summit took place last week in London and central bank digital currencies were at the heart of the dialogue. Government ministers, central bankers, and commercial bank representatives all agreed: it’s now a question of how – not whether – to implement CBDCs. In his keynote address at Innovate Finance Global […]
SocGen digital asset unit launches EUR stablecoin
Source: Finextra SG-Forge, the digital asset division of French bank Societe Generale, has launched a euro-denominated stablecoin on the ethereum public blockhain. Dubbed the EUR CoinVertible, the asset is designed to bridge the gap between traditional capital markets and the digital assets ecosystem. The coin could be put to use as a settlement asset for […]
The shape of things to come: innovation in payments and money − speech by Sir Jon Cunliffe
Source: Bank of England Given at Innovate Finance Global Summit, London. In his speech, Jon Cunliffe looks at four areas where the tokenisation of money is now being explored. The first is stablecoins used for payments, the second is the tokenisation of commercial bank deposits, the third is the next stage of the Bank of […]
