Digital Pound Foundation Launches to Promote CBDC Development in the UK

Cointelegraph

“The Digital Pound Foundation (DPF), a group of technology, innovation, and regulatory experts, has announced its launch as an independent non-profit organization in the U.K. According to a release issued on Thursday, the DPF will work to promote the implementation of a central bank digital currency (CBDC) in the country. Indeed, as previously reported by Cointelegraph , the U.K. government in April established a CBDC task force to explore preliminary matters related to the creation of a national digital currency. The DPF, as part of its stated mandate, will carry out research and engage in collaboration with stakeholders to support the U.K.’s CBDC project.”