Response to DP24/4 – Regulating cryptoassets: Admissions & Disclosures and Market Abuse Regime (“the Discussion Paper”)
The DPF welcomes the opportunity to share our members’ views on and recommendations for the Discussion Paper, produced with advisory support from CMS Cameron McKenna Nabarro Olswang LLP. The DPF, an Innovate Finance programme since completing a merger in February 2025, is a member-led forum supporting the introduction of a well-designed digital Pound in both […]
Tether and Republic of Guinea Sign MoU to Advance Digital Transformation Through Blockchain
Tether, a leading company in the digital asset sector and issuer of the world’s most widely used stablecoin, has signed a Memorandum of Understanding (MoU) with the government of the Republic of Guinea. This collaboration seeks to explore blockchain and peer-to-peer technologies with the aim of fostering economic growth and positioning Guinea as a key […]
Project Rialto: Advancing Instant Cross-Border Payments with Central Bank Money Settlement
The Bank for International Settlements (BIS) has released an interim report on Project Rialto, an initiative aimed at improving retail cross-border payments through interlinked instant payment systems and settlement in central bank money (CeBM). As part of a broader effort to enhance payment efficiency globally, this project explores ways to reduce costs, enhance speed, and […]
OMFIF Study Urges Central Banks to Move Forward with CBDCs
A new report from the Official Monetary and Financial Institutions Forum (OMFIF) calls for decisive action from central banks on the issuance of central bank digital currencies (CBDCs). Titled CBDCs: It’s Time for Action, the study argues that hesitancy over implementation risks delaying crucial innovations in financial inclusion, resilience, and monetary sovereignty. The findings underscore […]
R3 and IDEMIA Collaborate to Support Secure Offline CBDC Transactions
R3, a provider of digital solutions for financial markets, has announced a partnership with IDEMIA Secure Transactions (IST), a division of IDEMIA Group, a global provider of security and connectivity solutions. This collaboration aims to support the Central Bank Digital Currency (CBDC) landscape by integrating IST’s offline payment solution into R3’s Digital Currency platform, enabling […]
DPF Response to the FCA/PSR “Big Tech and Digital Wallets” Call for information
The Digital Pound Foundation welcomes the opportunity to respond to the Call for Information on Big Tech and Digital Wallets from the Financial Conduct Authority (FCA) and Payments Systems Regulator (PSR). Our full response is available to read below. Alternatively, you can download a PDF copy of the full submission here. 1. Overview of the […]
Cred Launches e-Rupee Wallet, Marking a Milestone in India’s Digital Currency Initiative
Indian fintech giant Cred has become the first non-bank platform to roll out access to the e-Rupee, India’s central bank digital currency (CBDC). This development follows the Reserve Bank of India’s (RBI) decision to expand its CBDC pilot programme beyond banks, opening the door for private payment firms to participate. Cred, backed by investors including […]
Key State Licences Strengthen Ripple’s Payments Network Ahead of RLUSD Adoption
Ripple has announced significant developments in its cross-border payments business at the start of 2025, including new regulatory licences and a focus on integrating its enterprise-grade stablecoin, Ripple USD (RLUSD), into its payment services. The announcement comes as digital asset adoption continues to evolve, with financial institutions exploring blockchain technology to optimise efficiency and diversify […]
UK’s cash machine network LINK joins the Digital Pound Foundation’s membership community
We are excited to announce the addition of LINK, which manages the UK’s cash machine (ATM) network, to the Digital Pound Foundation (DPF) as Associate Members. LINK works in the public interest to connect a reliable ATM network to every major bank and building society. As digital payments become more dominant cash is still a […]
Circle CEO Predicts Imminent US Executive Orders to Expand Digital Asset Adoption
Circle CEO Jeremy Allaire has expressed confidence that US President Donald Trump will soon issue executive orders aimed at significantly widening the role of digital assets in the nation’s financial system. The anticipated directives are expected to enable banks to engage with digital assets more freely, offer investment products to wealthy clients, and incorporate these […]
