Why Clifford Chance joined the Digital Pound Foundation – An Interview with Diego Ballon Ossio
In the first of our member video series, we talk with Diego Ballon Ossio of Clifford Chance about why they chose to become a member of the Digital Pound Foundation. Are you interested in becoming a member of the Digital Pound Foundation? Our members have the opportunity to get involved in the creation of educational […]
Blockchain startup OneStep Financial joins Digital Pound Foundation
We are very pleased to announce the latest addition to the Digital Pound Foundation’s membership community. OneStep Financial transforms corporate payouts into engagement and productivity tools using programmable distributed ledger technology (DLT). At the very heart of their solution is tokenised fiat cash, which is one of the reasons why they’ve joined the Digital Pound […]
UAE Unveils CBDC Strategy, First Phase to Be Completed by Mid-2024
Source: Coindesk The United Arab Emirates expects to complete the first phase of its central bank digital currency strategy around mid-2024, its central bank announced on Thursday. This includes proof-of-concept work for a wholesale and retail CBDC. The Central Bank of UAE (CBUAE) also revealed an engagement with G42 Cloud, a cloud platform from the region, and New […]
Snapshot: Which countries have made the most progress on CBDCs so far in 2023
Source: Atlantic Council 2023 is already shaping up to be a major year in central bank digital currency (CBDC) exploration. As of March 1, sixty-five countries are in the advanced stage of development, and over twenty central banks have launched their pilots, including Brazil, Japan, and Russia. To dive deeper into these countries, follow our CBDC […]
India, UAE central banks collaborate on CBDCs with cross-border features
Source: Coingeek The Reserve Bank of India (RBI) and the Central Bank of the UAE (CBUAE) have announced that both entities will exchange ideas on the best ways to launch a central bank digital currency (CBDC). The plans were contained in a memorandum of understanding (MoU) signed by both parties that will see both banking regulators conduct joint proof-of-concept […]
Designing the Digital Money of the Future: Digital Pound vs Digital Euro | Poundcast Episode 8
In episode 8, our host Jannah speaks to Sarah Palurovic, Executive Director of our partner organisation, the Digital Euro Association. Sarah is also an economist and research assistant at the Frankfurt School Blockchain Center. Her focus is on executive education in blockchain and digital assets, specializing in the economics of cryptocurrencies and emerging business models. […]
Market Analysis: Silicon Valley Bank, Circle & USDC
Source: CryptoCompare Last week, the second largest collapse of a major U.S. bank occurred in history, as Silicon Valley Bank (SVB) was abruptly closed by U.S. regulators following a panic-induced bank run. SVB, which had strong ties to the venture capital industry and a reputation as a crypto-friendly bank, had been heavily utilised by many […]
How and why do stablecoins depeg?
Source: Cointelegraph Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or a basket of assets, typically a fiat currency such as the U.S. dollar, euro or Japanese yen. Stablecoins are designed to offer a “stable” store of value and medium of exchange compared with more traditional cryptocurrencies […]
Battle not over for crypto-native stablecoin issuers despite BIS chief’s doomsaying
Source: IFLR Crypto-native stablecoins are the hotseat as the race for the future of money rages on Rome was not built in a day and neither was the crypto-native stablecoin industry. Despite Bank of International Settlements (BIS) chief Augustin Carstens proclaiming the “battle has been won” for fiat, crypto-natives will not lay down their swords. […]
Wholesale CBDCs: Fostering Interoperability and Standardisation in Global Financial Markets
In March 2023, the Digital Pound Foundation (DPF) and Association for Financial Markets in Europe (AFME) hosted our first joint roundtable, with representatives from both organisations alongside industry specialists and external observers. This article highlgihts some of the discussions we had. “As we cross the threshold from proof of concept to real traction, this joint […]
