Digital Pound Foundation launches to promote CBDC development in the UK

[Dociko]

The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape. 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.
Source: Cointelegraph