Philippines to Launch Wholesale CBDC by 2029
The Bangko Sentral ng Pilipinas (BSP) is advancing towards the issuance of its own central bank digital currency (CBDC), codenamed Project Agila, sooner than initially anticipated. The proof-of-concept phase is expected to conclude by the end of this year, setting the stage for an earlier launch during the term of BSP Governor Eli M. Remolona […]
Fireblocks Among 14 Companies Chosen For The Bank of Israel’s Digital Shekel CBDC Challenge
The Bank of Israel has announced the initiation of the “Digital Shekel Challenge,” an ambitious CBDC experiment inspired by “Project Rosalind” – a joint project by the Bank of England and BIS. The challenge aims to explore potential applications for a digital shekel system, garnering widespread interest from the fintech and finance communities both within […]
Stables Expands into Europe with Stablecoin Virtual Card in Partnership with Mastercard
Stables, the Australian stablecoin payment startup, has announced its expansion into Europe with the launch of their stablecoin virtual card, in collaboration with Mastercard. This move follows a successful partnership with Mastercard in April 2023 in Australia, where Stables became the first stablecoin wallet in the APAC region to offer seamless payments from a single […]
Wirex and Visa Announce Partnership to Enhance Digital Currency Use in the UK and EEA
Earlier this week, Wirex announced a partnership with Visa, aiming to promote the use of digital currencies in the UK and the European Economic Area (EEA). A key aspect of this collaboration is the launch of Wirex Pay, a modular Zero Knowledge (ZK) payment chain developed by Wirex. Wirex Pay is designed to simplify how […]
Kazakhstan Tests Programmable CBDC to Enhance Fund Allocation on Railway Construction
The National Bank of the Republic of Kazakhstan has announced the successful launch of a pilot project aimed at using the digital tenge platform (DT) for budget expenditures. This initiative, financed by the National Fund, marks the second phase in the introduction of Kazakhstan’s national digital currency, focusing on the programmability of digital tenge. As […]
Putin Calls for Robust Development Framework for Digital Assets in Russia
In a significant move towards modernising the Russian financial landscape, President Vladimir Putin has underscored the necessity for developing a comprehensive framework for the integration and utilisation of digital assets. Speaking at a recent meeting on economic matters, Putin highlighted the strategic importance of creating favourable conditions to foster the growth of digital assets, including […]
BIS Release Results of Survey on CBDCs and Cryptocurrency
94% of central banks are actively exploring the development of a central bank digital currency (CBDC), and the results from an extensive survey performed by the Bank for International Settlements (BIS) involving 86 central banks highlights a significant increase in experiments and pilot programmes, particularly in advanced economies, with a notable rise in activity among […]
How Star Wars and Star Trek Got The Future of Money So Wrong! | Poundcast Episode 17
In episode 17 of the Poundcast, we are thrilled to host technologist and thought leader Dave Birch. With a rich background in secure communications and financial services, Dave shares his insights on the evolution of money from physical forms to digital assets. We delve into the historical context of money, discuss the role of digital […]
Driving growth in digital assets markets
Source: Quant Quant Founder and CEO, Gilbert Verdian, recently had an in-depth conversation with Dominic Hobson, the co-founder of Future of Finance. They delved into the opportunities, challenges, and threats related to accelerating institutional adoption of digital assets. There are many factors encouraging, shaping and, in some cases, preventing the emergence of large-scale, global digital […]
SETL Joins the Digital Pound Foundation Membership Community
We are very pleased to announce the addition of SETL to the Digital Pound Foundation’s membership community. SETL joins the Foundation as an Associate Member and will participate in, among other activities, the Use Case Working Group and Policy, Legal and Regulatory Working Group. SETL is an enterprise DLT firm which is part of the […]
