Central Bank of Brazil Reveals Projects Selected for Second Phase of Drex CBDC Pilot Testing
The Central Bank of Brazil, in collaboration with the Securities and Exchange Commission, has announced a list of 13 selected themes for the second phase of the Drex CBDC Pilot platform. These themes were chosen from 42 use case proposals and mark the next step in testing the implementation of financial services using smart contracts. […]
Russia’s Largest Bank, Sberbank, Set to Launch Digital Rouble CBDC Operations in Early 2025
Sberbank, Russia’s largest bank, has announced plans to commence operations with clients using digital roubles in early 2025. The move marks a significant step in the country’s ongoing efforts to integrate digital currency into its financial system, as part of a broader initiative led by the Central Bank of Russia. Anatoly Popov, Deputy Chairman of […]
SOOHO.IO Announces Strategic Partnership with Chainlink to Develop Tokenized Assets and CBDC Solutions in Asia
Blockchain financial technology company SOOHO.IO has announced a strategic partnership with Chainlink, a global blockchain leader. This collaboration aims to accelerate the development of tokenized assets and Central Bank Digital Currency (CBDC) use cases in emerging digital markets across Asia, particularly in Korea, Japan, and Thailand. The partnership will focus on supporting the adoption of […]
New members join the Board of Directors as the Digital Pound Foundation continues to grow
The Digital Pound Foundation (DPF) is pleased to announce the appointment of two new Directors to its Board. Thomas Hawkins, who will represent Accenture, and Lee A. Schneider, an Originating Member of the Digital Pound Foundation, both join the Board with immediate effect. Thomas Hawkins is EMEA Lead for Digital Assets, Digital Currencies and Tokenisation […]
India’s CBDC Progress Takes Centre Stage at RBI@90 Global Conference
During the RBI@90 Global Conference, Shri Shaktikanta Das, Governor of the Reserve Bank of India (RBI), shed light on the significant strides India has made in its progress towards a Central Bank Digital Currency (CBDC). Speaking from Bengaluru, the hub of India’s technology revolution, Governor Das underscored the critical role that CBDC plays in shaping […]
Chavanette Advisors join the Digital Pound Foundation membership community
We are excited to announce the addition of Chavanette Advisors to the Digital Pound Foundation as Associate Members. Chavanette is a recognised thought leader in Central Bank Digital Currencies (CBDCs), regulated stablecoins, and Digital Public Infrastructure (DPI). Chavanette collaborates closely with Central Banks, monetary authorities, commercial banks and private organisations to design, implement, and drive […]
Digital Payment Giants Seek to Join India’s Digital Rupee CBDC Pilot
Google Pay, PhonePe, and Amazon Pay are among five prominent payment firms seeking to participate in the Indian central bank’s digital currency pilot, offering transactions via the e-rupee. This information comes from three Reuters sources directly involved in the discussions. The other two applicants are Indian fintech companies Cred and Mobikwik. The Reserve Bank of […]
Bank of England Releases New Paper on Innovation in Money and Payments
The Bank of England has published a discussion paper entitled “The Bank of England’s Approach to Innovation in Money and Payments,” which outlines its strategy for adapting to technological changes in the financial landscape. This paper addresses the opportunities and risks associated with innovations in money and payments, aiming to maintain trust and confidence in […]
Bank Indonesia Unveils Vision for Digital Rupiah CBDC
Bank Indonesia has unveiled its Indonesian Payment System Blueprint (BSPI) 2030. Among the five key initiatives is the development of its central bank digital currency (CBDC), known as the digital rupiah. Bank Indonesia had previously disclosed a three-stage proof of concept for the CBDC. The initial stage, completed in the first half of 2024, involved […]
Unlocking the Potential of Web3 in Financial Services | Poundcast Episode 18
In episode 18 of the Poundcast, we welcome Rita Martins, author of the book “Web3 in Financial Services: How Blockchain, Digital Assets and Crypto are Disrupting Traditional Finance”. Rita discusses her career journey from consulting roles at Accenture and HSBC to her current focus on blockchain technology in finance. During this episode, Rita elaborates on […]
