CBDC Expert Sarah Breeden Named Bank of England Deputy Governor
In a strategic move to bolster financial stability in the United Kingdom, Sarah Breeden, a senior Bank of England official and member of the Central Bank Digital Currency (CBDC) task force, has been appointed as the new deputy governor. The announcement comes as Jon Cunliffe’s term draws to a close, during which he played a […]
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 […]
UK Crypto, Stablecoin Laws Approved by Parliament’s Upper House
Source: Coindesk U.K. parliamentarians have voted through a new bill that could recognize crypto as a regulated activity in the country. The approval of the Financial Services and Markets Bill (FSMB) on Monday by Parliament’s upper chamber, the House of Lords, means the bill is going to enter the final stages before it is put […]
Fostering Responsible Growth Of Blockchain Technology
Testimony of Dr. Emin Gün Sirer, Founder & CEO, AvaLabs, Inc. before the United States House of Representatives, House Financial Services Committee. Chairman McHenry, Ranking Member Waters, and Members of the Committee, It is an honor to be here with you today. I thank you for the opportunity to appear before you as a computer […]
The Nature of Money: The Role of Currency in the Digital Era | Poundcast Episode 9
In episode 9, our host Jannah Patchay speaks to Kene Ezeji-Okoye, Co-Founder and Co-CEO of Millicent Labs. In this episode, Jannah and Kene discuss the rise of digital currencies in the context of digital fiat, how central banks reacted to the advent of stablecoins and in particular the potential threat posed by Facebook’s Libra / […]
UK Crypto Think Tank Warns Government of CBDC Privacy, Security Risks
Source: Decrypt While there are a “number of potential benefits” associated with central bank digital currencies (CBDCs), the UK government “should carefully consider and seek to mitigate any potential risks” associated with the development and potential introduction of the so-called digital pound.” This is particularly relevant “in relation to financial stability, privacy, and security risks,” […]
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
The Digital Pound Foundation (DPF) takes pleasure in responding to this HMT Consultation and call for evidence on the Future financial services regulatory regime for cryptoassets. The DPF is supportive of the UK government’s commitment to place the UK’s financial services sector at the forefront of cryptoasset technology and innovation, and to take a staged […]
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 […]
