Introducing poundtoken, the First Fully-backed GBP Stablecoin Regulated in the British Isles
Original Source: Fintech & Finance News Blackfridge, the Isle of Man-based fintech company, has launched poundtoken, the first British-regulated stablecoin fully backed 1:1 by pound sterling (GBP). poundtoken, known by the ticker “GBPT”, allows direct GBP access to digital asset markets and facilitates frictionless real-time settlements. Designed with simplicity and consumer confidence at its core, […]
Stablecoins’ role in crypto and beyond: functions, risks and policy
Original Source: European Central Bank (ECB) Prepared by Mitsu Adachi, Pedro Bento Pereira Da Silva, Alexandra Born, Massimo Cappuccio, Stephanie Czák-Ludwig, Isabella Gschossmann, Georg Paula, Antonella Pellicani, Sarah-Maria Philipps, Mirjam Plooij, Ines Rossteuscher and Pierfrancesco Zeoli[1] Stablecoins are in the spotlight due to their rapid growth, increasing global use cases and potential financial risk contagion […]
EU-regulated firm Banking Circle adopts USDC stablecoin
Original Source: Cointelegraph Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking. Banking Circle, a European bank focused on cross-border payments, is adopting a major U.S. dollar-pegged stablecoin for payment rails. The firm officially announced on Friday the adoption of the […]
Opening Remarks at Peer-Learning Series on Digital Money/Technology: Central Bank Digital Currency and the Case of China
Original source: International Monetary Fund (IMF) Krishna Srinivasan, Asia and Pacific Department Director, IMF Good morning, everyone, and good evening if you’re in the Western Hemisphere. Thank you for joining in today’s event on Central Bank Digital Currency and the Case of China. As Alfred indicated, this is the second event in our new series […]
Clifford Chance joins Digital Pound Foundation membership community to co-lead new Policy, Legal and Regulatory Working Group
We are pleased to announce the addition of Clifford Chance to the Digital Pound Foundation’s membership community. As one of the world’s pre-eminent law firms, Clifford Chance’s global reach and breadth of expertise across fintech is industry-leading. We are also delighted to announce that Clifford Chance will be co-chairing the Digital Pound Foundation’s Policy, Legal […]
Fungibility and Interoperability in the Digital Money Ecosystem
In this joint webinar co-hosted by the Digital Euro Association and the Digital Pound Foundation, as part of a series of partnership collaborations, we explore the concepts of fungibility and interoperability, how they interrelate, and why they are important considerations for the future of new forms of digital money in any jurisdiction. Fungibility is not […]
Salary payments in USDT stablecoin ruled as illegal in the Chinese court
Bank of England calls for crypto regulation to head off systemic risks
Digital finance: agreement reached on European crypto-assets regulation (MiCA)
Digital Currencies and the Future of Money | Poundcast Episode 1
Description In episode 1, podcast host Jannah Patchay, Policy Lead and one of the originating members of the Digital Pound Foundation is in conversation with Lee McNabb, Payments Strategy Lead at NatWest. In this introductory episode, Jannah and Lee discuss some of the key questions often asked about digital currency such as: What is a […]
