Britcoin: BoE’s CBDC head says digital pound will have ‘very highest standards of privacy’
Source: City A.M. The Bank of England’s director of fintech batted away concerns that a digital pound would threaten privacy as he confirmed that it would not be exchangeable with cryptocurrencies as they currently exist. Speaking at the Financial Times’ Crypto and Digital Assets Conference, Tom Mutton – who is responsible for leading the CBDC […]
Digital Pound Foundation expands board with appointment of two new members
The Digital Pound Foundation, an independent forum supporting the implementation of a well-designed digital Pound, is delighted to announce the expansion of its Board of Directors with the appointment of two new Board seats as it continues into its second year of full-time operations. Adding to the Board alongside Founding Members Susan Friedman (Ripple) and […]
DPF Response: HMT Consultation and call for evidence on the Future financial services regulatory regime for cryptoassets
A. Overview of Digital Pound Foundation The Digital Pound Foundation (DPF) is a not-for-profit membership organisation launched in 2021 to work with a variety of stakeholders and participants towards the implementation of a well-designed digital Pound, in both public and privately-issued forms, and an effective and diverse ecosystem for new forms of digital money. The […]
Digital Pound Foundation joins the Hyperledger Foundation as an Associate Member
We are pleased to announce that the Digital Pound Foundation (DPF) has joined the Hyperledger Foundation as part of a group of 3 new Associate Members which includes the European Blockchain Association (EBA) along with DPF’s existing partners at the Digital Euro Association (DEA). To kick off their affiliation, the 3 new associate members, including […]
Regulation of Digital Assets in the UK
Source: Financial Conduct Authority (FCA) Speaker: Sarah Pritchard, Executive Director of Markets, and Executive Director of InternationalEvent: City Week 2023Delivered: 25 April 2023Note: This is a drafted speech and may differ from the delivered version Highlights How the bookworm has turned Have you ever noticed how something once alternative or niche suddenly becomes mainstream? Growing up in the 80s and […]
The shape of things to come: innovation in payments and money − speech by Sir Jon Cunliffe
Source: Bank of England Given at Innovate Finance Global Summit, London. In his speech, Jon Cunliffe looks at four areas where the tokenisation of money is now being explored. The first is stablecoins used for payments, the second is the tokenisation of commercial bank deposits, the third is the next stage of the Bank of […]
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 […]
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 […]
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 […]