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 […]
Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot
Source: Ripple The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions provider Ripple to develop a strategy and pilot programme to launch the country’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Aligning with the CBCG’s core objectives, the digital currency’s introduction […]
Switzerland planning stablecoin and live wholesale CBDC pilots
Source: Ledger Insights Last week the Swiss National Bank (SNB) outlined its Swiss payments vision. The central bank has already conducted various wholesale central bank digital currency (CBDC) tests. Now it plans to issue a real wholesale CBDC on the SIX Digital Exchange (SDX) for a limited time. It is also exploring a private token […]
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 […]
Minutes of the CBDC Engagement Forum – March 2023
Source: Bank of England Item 1: Welcome Co-chairs Gwyneth Nurse and Jon Cunliffe welcomed Members to the fifth meeting of the CBDC Engagement Forum. Item 2: The digital pound Consultation Paper The Bank of England and HM Treasury presented a summary of the Consultation Paper and the accompanying Technology Working Paper, published on 7 February […]
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 […]
The Geopolitical Case for a digital Pound
Hosted: 23 March 2023Location: London, UKNo. Attendees: 68 Panelists included: Jannah Patchay (DPF), William Lovell (Bank of England), Richard Ells (Electroneum), Rebecca Park (Global Counsel), David Karney (Worldline UK&I), and Varun Paul (Fireblocks). Central bank digital currencies (CBDCs) – a digital form of central bank-issued fiat currency – have seen explosive growth in interest over […]
Designing the Digital Money of the Future: Digital Pound vs Digital Euro | Poundcast Episode 8
In episode 8, our host Jannah speaks to Sarah Palurovic, Executive Director of our partner organisation, the Digital Euro Association. Sarah is also an economist and research assistant at the Frankfurt School Blockchain Center. Her focus is on executive education in blockchain and digital assets, specializing in the economics of cryptocurrencies and emerging business models. […]
