ANZ Bank Completes Carbon Credits Trading as Part of Australia’s CBDC Pilot
Source: Coindesk Australia and New Zealand Banking Group Limited (ANZ) has completed the first use-case of carbon credit trading as part of Australia’s central bank digital currency (CBDC) pilot, the Melbourne headquartered bank announced on Wednesday. Australia’s CBDC pilot, run by the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC), began last year to […]
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 […]
European Banking Federation lays out principles for a retail digital euro
Source: NFCW The proposed retail digital euro should be appropriately designed in collaboration with the private sector, create value for end-users, preserve financial stability and incentivise and enable private sector intermediaries to add solutions and services within the central bank digital currency (CBDC) ecosystem, according to a European Banking Federation (EBF) vision paper. Vision on […]
CBDC Can Be ‘Bridging Asset’ Between Bitcoin, TradFi: Bank of England
Source: Decrypt Can CBDCs and Bitcoin ever coexist? The Bank of England’s CBDC lead Katie Fortune thinks so. Asked during a panel at the Citi Digital Money Symposium about how potential state-issued central bank digital currencies CBDCs would coexist with Bitcoin or asset-backed stablecoins, Fortune said that the BoE sees a mixed ecosystem of different forms […]
Former CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World’
Source: Coindesk A U.S. central bank digital currency (CBDC) that protects privacy and is free of surveillance tools could set a global standard and reach mass adoption, said former Commodity Futures Trading Commission (CFTC) Chairman Christopher J. Giancarlo. “That [U.S.] digital dollar would take over the world,” Giancarlo, co-founder of the Digital Dollar Project and […]
Minutes of the CBDC Engagement Forum – March 2023
Source: Bank of England Item 1: Welcome Co-chairs Gwyneth Nurse and Jon Cunliffe welcomed Members to the fifth meeting of the CBDC Engagement Forum. Item 2: The digital pound Consultation Paper The Bank of England and HM Treasury presented a summary of the Consultation Paper and the accompanying Technology Working Paper, published on 7 February […]
Use cases for a digital Pound
This article was written by Claire Conby, Operations and Governance Lead at the Digital Pound Foundation, and first published in The Financial Technologist: Issue #1 2023 On 7 February 2023 the Bank of England announced a consultation with HM Treasury on a potential digital Pound, or Central Bank Digital Currency (CBDC). Complementing cash, a CBCD […]
Privacy and Central Bank Digital Currency
Source: Ripple With global interest and the growing exploration of Central Bank Digital Currencies by central banks, privacy has become a crucial aspect to consider. A new paper by the Digital Euro Association (DEA) working group of global experts takes a look at the topic of privacy and CBDCs. The paper examines the importance of privacy and […]
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 […]
