Crypto Daily - Digital Pound Foundation

Hong Kong Advances Digital Yuan and CBDC Initiatives

Hong Kong is actively expanding the reach of the digital yuan while simultaneously advancing its own central bank digital currency (CBDC) initiatives and finalising discussions on stablecoin regulations. The introduction of China’s digital yuan marked a significant milestone in the development of CBDCs globally, drawing considerable attention due to its success and prominence. Recently, it […]

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Whilst most CBDC experiments have involved private sector technology providers, the overwhelming majority of these experiments, to date, have not involved participation from other private sector actors. The Digital Pound Foundation is unique in proposing a model whereby the public and private sectors can fully engage in the design, development and adoption of a digital Pound, thus contributing to its successful roll-out and helping drive forward the UK’s transition to a digital economy.

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