HM Treasury Open consultation: Future financial services regulatory regime for cryptoassets
Source: HM Treasury Summary This consultation sets out proposals for the UK’s financial services regime for cryptoassets, and marks the next stage of the UK’s phased approach This consultation closes at9am on 30 April 2023 Consultation description In April 2022, the government committed to introducing a new regulatory regime for cryptoassets, reflecting the risks and […]
UK-native stablecoin integrates into 18,000 ATMs nationwide
Source: Cointelegraph A partnership between Poundtoken and BitcoinPoint will make the country’s first 100%-backed British pound stablecoin, GBPT, accessible to retail consumers via a network of 18,000 ATMs across the United Kingdom. The move marks another step toward the U.K. becoming a “crypto hub” and is in line with the government’s push to use stablecoins […]
Are There Tech Solutions to the Privacy and Compliance Trade-Offs for CBDCs?
Source: Coindesk This article is part of CoinDesk’s Policy Week. John Kiff, a former senior financial sector expert at the IMF, is the research director at the Sovereign Official Digital Association (SODA), head of CBDC/digital capital markets advisory at Satoshi Capital Advisers and advisor to WhisperCash. Dr. Jonas Gross is chairman of the Digital Euro Association […]
The State of Global CBDC Adoption with Darrell Duffie
Source: Ripple Each quarter we’ll be going under the hood with professors from Ripple’s University Blockchain Research Initiative (UBRI) to gain a deeper understanding of trending topics in crypto and blockchain, and highlight their insights and key takeaways. There seem to be almost as many opinions about the viability and best use of Central Bank Digital Currencies […]
What is a digital Pound really useful for?
At its first webinar of 2023, the Digital Pound Foundation brought together members and industry experts to talk about potential use cases for a digital Pound: What is it really useful for, how does it add value and how will it improve today’s payment ecosystem? https://www.youtube.com/watch?v=qd1qrT-j0FI Since the webinar took place, on 7 February the […]
Digital Currencies “Undoing the Internet’s Original Sin” | Poundcast Episode 5
In episode 5, Jannah Patchay, Policy Lead and one of the originating members of the Digital Pound Foundation, speaks to Nick Philpott, COO of Zodia Markets. In this episode, Jannah and Nick discuss how digital currencies could help undo “the internet’s original sin”, explore his experiences with the Libra project and talk about how the […]
Universal Digital Payments Network launched at Davos
Source: Finextra A Universal Digital Payments Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDCs) was launched at the World Economic Forum (WEF) in Davos. The network aims to provide interoperability between these digital currencies. UDPN has been in development for the last two years with contributions from GFT, Red Date Technology, TOKO, and […]
UK Forum for Digital Currencies Joint Policy Statement
Five associations have come together to form a new alliance – the UK Forum for Digital Currencies (UK FDC) – which aims to develop better policies, practice and regulation around digital and currencies. Members include the City of London Corporation, Digital Pound Foundation, The Payments Association, TheCityUK and UK Finance. Digital currencies have been gaining […]
Iran and Russia want to issue new stablecoin backed by gold
Source: Cointelegraph The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold. According to the Russian news agency Vedomosti, Iran is working with Russia to create a “token of the Persian Gulf region” that would serve as a payment method in foreign trade. The token […]
New DPF Working Group launches to uncover real-world use cases for a digital Pound
The Digital Pound Foundation (DPF) is delighted to announce the launch of its Use Case Working Group co-led by Andrew Dare, CGI, and William Lorenz, DPF Expert Contributor, and would like to invite existing – and new – DPF members to participate. This is a practical Working Group looking to uncover real-world use cases for […]
