UK Parliament - Digital Pound Foundation

New report from UK Parliament shares current position on digital Pound CBDC

As the world of finance rapidly evolves, the UK is contemplating the introduction of a Central Bank Digital Currency (CBDC), specifically a retail CBDC or ‘digital Pound.’ This concept differs from cryptocurrencies like Bitcoin and Ether, as it would be a direct liability of the central bank. UK Parliament recently published a report entitled “The […]

UK Government Responds to The Treasury Committee: disagrees with recommendation on treating crypto trading as gambling

In a May report, a cross-party Committee of MPs proposed the regulation of consumer trading in unbacked crypto as a form of gambling. Unbacked cryptoassets, commonly known as cryptocurrencies, lack support from any underlying asset. Notably, Bitcoin and Ether comprise the majority share of the crypto market. The Committee’s decision to classify retail trading in […]

Treasury Committee launches inquiry into crypto-assets

Original Source: UK Treasury The Treasury Committee today calls for written evidence as it launches a new inquiry into crypto-assets. Inquiry: The crypto-asset industry Treasury Committee In the inquiry, the Committee will explore the role of crypto-assets in the UK, as well as the opportunities and risks they bring to consumers and businesses. The Committee […]

About the Foundation

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.

Join our community

Collaborate with other members through our various working groups, discussing and building concepts around use cases and payments, innovative approaches to privacy, identity, and sustainability, and addressing legal and regulatory concerns collaboratively. Join our events, both in-person and online, and participate across our panel discussions, roundtables, and webinars. Meanwhile, our audience is large and growing quickly, providing members with additional outlets to share and amplify their latest news and developments.