Bank of England and BIS Unveil Pyxtrial: A Tool for Stablecoin Reserve Monitoring
A new report from the Bank of England and the Bank for International Settlements (BIS) has shared the outcomes of a proof of concept (PoC) for Pyxtrial, a regulatory or supervisory tool designed to monitor the asset backing of stablecoins. This joint project between the BIS Innovation Hub and the Bank of England explores how […]
Unlocking the Potential of Web3 in Financial Services | Poundcast Episode 18
In episode 18 of the Poundcast, we welcome Rita Martins, author of the book “Web3 in Financial Services: How Blockchain, Digital Assets and Crypto are Disrupting Traditional Finance”. Rita discusses her career journey from consulting roles at Accenture and HSBC to her current focus on blockchain technology in finance. During this episode, Rita elaborates on […]
Digital Money Event (23 October 2024)
Details Location: London, United KingdomDate: Wednesday 23 October 2024Organised by: Digital Pound Foundation Description The Digital Money Event 2024 is the destination annual event for discussing the implementation of a digital Pound in both public and private forms. Assembling up to 200 guests, our members, partners, fintechs, policymakers, leading academics and the media will meet to […]
Exploring Ripple’s New Stablecoin and Its Impact on the XRP Ledger, with David Schwartz and Monica Long
In the latest episode of Block Stars, Ripple CTO David Schwarz engages in a comprehensive discussion with Ripple President Monica Long about the company’s strategic entry into the stablecoin market. Monica, a Ripple veteran since 2013, shares her insights on the company’s evolution and the significance of launching their own stablecoin to meet the rising […]
UK Centre for Blockchain Technology partners with the Digital Pound Foundation
We are pleased to announce that the UK Centre for Blockchain Technologies (UK CBT) has partnered with the Digital Pound Foundation (DPF). UK CBT is the national hub for blockchain innovation and expertise in the UK. Its vision is to drive the development and deployment of blockchain technologies, fostering trust, collaboration and innovation. The UK […]
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 […]
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 […]
TRON to Introduce Gas-Free Stablecoin Transfers by Year-End
Justin Sun, the founder of TRON, has announced a notable advancement in the blockchain realm: gas-free stablecoin transfers. This feature is scheduled to be available on the TRON blockchain by the end of this year. The new technology aims to eradicate transaction fees for users, enhancing the accessibility and efficiency of stablecoin transfers. Sun envisions […]
