Modernizing Financial Markets with Wholesale Central Bank Digital Currency (wCBDC)

Modernizing Financial Markets with Wholesale Central Bank Digital Currency (wCBDC)

Achieving secure and efficient modernisation of wholesale financial markets will require close collaboration between the public and private sectors. As such, the World Economic Forum, in collaboration with Accenture, have published a new report exploring practical insights for policymakers and the private sector as they plan for the potential adoption of wCBDCs. Nearly all central […]

Global Blockchain Business Council (GBBC) partners with the Digital Pound Foundation

Global Blockchain Business Council (GBBC) partners with the Digital Pound Foundation

We are pleased to announce that Global Blockchain Business Council (GBBC) has joined the Digital Pound Foundation (DPF) as a strategic partner. GBBC is the largest leading industry association for the blockchain technology and digital assets community. Launched in Davos in 2017 as a Swiss-based non-profit, GBBC has more than 500 institutional members, and 301 […]

Ripple’s USD-backed stablecoin aims to bridge traditional finance and DeFi

Ripple's USD-backed stablecoin aims to bridge traditional Finance and DeFi

The stablecoin market is expected to soar to a staggering $3 trillion within the next four years. In anticipation of this explosive expansion and recognising the escalating prominence of stablecoins in global financial ecosystems, Ripple has unveiled plans to introduce a new stablecoin pegged 1:1 to the US dollar (USD), fully backed by a combination […]

KodeLab joins the Digital Pound Foundation as an Associate Member

KodeLab joins the Digital Pound Foundation as an Associate Member

We are pleased to announce the addition of KodeLab to the Digital Pound Foundation’s membership community. They join the Foundation as an Associate Member. KodeLab is a full service consultancy specialising in digital assets, blockchain and AI. They also have a technology product suite enabling business end-users to instantly unlock ultra-flexible credit/liquidity in their properties […]

Navigating the Future Stablecoin Market

Navigating the Future Stablecoin Market

About this webinar Date: Thursday April 25, 2024Time: 15:00-16:00 BST According to CCData’s recent Stablecoins & CBDCs research report, stablecoin trading volumes on centralised exchanges rose 4.54% to $1.05tn in January 2024, reaching their highest level for 3 years. The market is rapidly expanding and also growing more complex with popular stablecoin features including not […]

SWIFT to Unveil CBDC Platform in Move Towards Digital Banking

SWIFT to Unveil CBDC Platform in Move Towards Digital Banking

In a significant development for the global banking sector, SWIFT, the international banking communications network, has announced plans to launch a new platform within the next 12 to 24 months. This platform aims to integrate the emerging central bank digital currencies (CBDCs) with the current financial system. The initiative underscores the rapidly growing interest in […]

From Pilot to Policy: The Accelerated Adoption of Digital Currencies in MENA

From Pilot to Policy: The Accelerated Adoption of Digital Currencies in MENA

A significant focus has been placed on the development of Central Bank Digital Currencies (CBDCs) within the Middle East and North Africa (MENA) region, highlighting the UAE’s strides in digital currency integration. A recent EY report outlined the UAE Central Bank’s ongoing efforts to incorporate the digital Dirham, inviting commercial banks and payment processors to […]

PayPal Introduces Zero-Fee Remittances with PYUSD Stablecoin via Xoom

PayPal Introduces Zero-Fee Remittances with PYUSD Stablecoin via Xoom

PayPal is enhancing its Xoom money transfer application by allowing users to conduct remittances without any fees when using its stablecoin, PYUSD. This initiative is part of PayPal’s strategy to increase its presence in the global remittance market and to promote the usage of PYUSD, which was introduced last year. Unlike the standard 2% fees […]

Digital Currency Glossary

A handy guide to digital currency terms

Foreword This glossary has been produced by UK Finance, The Payments Association, Digital Pound Foundation, TheCityUK, Innovate Finance and City of London Corporation, and supported by CryptoUK, CMS, Clifford Chance, Greengage, Cummings Pepperdine and The Realization Group. This glossary is also available in PDF format – click here to download a print-friendly copy. Digital currencies […]

Digital Pound Foundation joins forces with industry bodies to launch the Digital Currency Glossary, fostering better education on key terms

Digital Pound Foundation joins forces with industry bodies to launch the Digital Currency Glossary, fostering better education on key terms

The Digital Pound Foundation is pleased to be part of launching a new educational tool – the Digital Currency Glossary – which has been developed in collaboration with leading industry bodies and firms including Innovate Finance, TheCityUK, City of London Corporation, UK Finance, The Payments Association, CryptoUK, Clifford Chance, CMS, The Realization Group, Greengage, and […]

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