Earlier this year, theRegulated Liability Network(RLN) made a big splash in the United States withtrials involving several banks, Mastercard and the New York Federal Reserve. Now the UK Regulated Liability Network plans to experiment with a retail digital pound backed by commercial bank money ortokenized deposits. The RLN is a blockchain network for interbank payments […]
The post UK Regulated Liability Network to experiment with digital pound as tokenized deposits appeared first on Ledger Insights - blockchain for enterprise.

Digital Pound

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Finextra: Wednesday March 27, 2024

ClearBank joins Digital Pound Foundation

ClearBank has announced their membership to the Digital Pound Foundations (DPF) membership community. ClearBank joins the Foundation as an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.

Digital Pound

Finextra: Thursday February 01, 2024

Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

Digital Pound