Commercial models of a potential UK retail CBDC
Original Source: UK Finance The Bank of England (the Bank) and HM Treasury are currently considering whether the introduction of a UK retail central bank digital currency (CBDC) would be beneficial for the UK economy and the continued integrity of pound sterling in light of increasing use of digital money. This decision could have significant […]
South Africa’s central bank wants to regulate cryptos, possibly issue a CBDC
Source: Seeking Alpha South Africa’s central bank is seeking to regulate cryptocurrencies and possibly issue a central bank digital currency at a time when the decentralized space is getting increasingly scrutinized by regulators across the globe. For crypto, “Our view has changed and we now regard it as a financial asset and we hope to regulate […]
Banque de France plans pilot wholesale CBDC rollout for 2023
Original Source: Ledger Insights In a speech yesterday, François Villeroy de Galhau, the Governor of the Banque de France outlined the central bank’s expansion of its work on a wholesale central bank digital currency (CBDC). He wants the central bank to be ready to support the EU’s DLT pilot regime for tokenized securities which comes into force on 23 […]
Korea CBDC research to include 10+ banks
Original Source: Ledger Insights The Bank of Korea has completed the first and second phases of its retail central bank digital currency (CBDC) simulations and is now progressing to real-world tests involving at least ten commercial banks, Aju Economy reported. Those banks will include Shinhan Bank and NH Nonghyup Bank. The central bank plans to publish a report on […]
G20 report: CBDC for cross border payments highlights challenges
Original Source: Ledger Insights Today the Bank for International Settlements (BIS), the IMF and World Bank published a paper on cross border payments using central bank digital currency (CBDC). The report was prepared for the G20 as part of a program to enhance cross border payments, where CBDC is one of 19 building blocks. Almost every suggestion […]
IRSG Report – The Use of Central Bank Digital Currencies (CBDCs) in Wholesale Markets
Original Source: IRSG There is accelerating momentum behind the development of CBDCs. Many central banks are exploring whether and how to establish CBDCs and some have already done so. And, there are many benefits to the inclusion of CBDCs in the current payments landscape, including broader accessibility, better record keeping and making payments more efficient. […]
Opening Remarks at Peer-Learning Series on Digital Money/Technology: Central Bank Digital Currency and the Case of China
Original source: International Monetary Fund (IMF) Krishna Srinivasan, Asia and Pacific Department Director, IMF Good morning, everyone, and good evening if you’re in the Western Hemisphere. Thank you for joining in today’s event on Central Bank Digital Currency and the Case of China. As Alfred indicated, this is the second event in our new series […]
Clifford Chance joins Digital Pound Foundation membership community to co-lead new Policy, Legal and Regulatory Working Group
We are pleased to announce the addition of Clifford Chance to the Digital Pound Foundation’s membership community. As one of the world’s pre-eminent law firms, Clifford Chance’s global reach and breadth of expertise across fintech is industry-leading. We are also delighted to announce that Clifford Chance will be co-chairing the Digital Pound Foundation’s Policy, Legal […]
Fungibility and Interoperability in the Digital Money Ecosystem
In this joint webinar co-hosted by the Digital Euro Association and the Digital Pound Foundation, as part of a series of partnership collaborations, we explore the concepts of fungibility and interoperability, how they interrelate, and why they are important considerations for the future of new forms of digital money in any jurisdiction. Fungibility is not […]
Digital finance: agreement reached on European crypto-assets regulation (MiCA)
