The Digital Pound Foundation, the independent not-for-profit organisation working towards the implementation of a digital pound, has become part of Innovate Finance, the industry body for UK fintech.
By partnering, the Digital Pound Foundation and Innovate Finance will look to lead the charge in what looks set to become a critical year for digital money in the UK and around the world.
The UK has the opportunity to build a leading global centre for digital assets and digital money, developing the best regulatory regime in the world for stablecoin innovation and adoption and making the UK the go-to market for stablecoins.
The Digital Pound Foundation, under the Innovate Finance umbrella, will continue to shape the future of digital money in the UK. As the Bank of England and HM Treasury progress on a digital pound, a stablecoin framework, and the UK’s National Payments Vision, the Foundation remains committed to positioning the UK as a leader in financial innovation – fostering a dynamic, inclusive, and sustainable economy.
Janine Hirt, CEO of Innovate Finance, said: “The accomplishments of the Digital Pound Foundation to establish such a vibrant and dedicated community over the past three years is a testament to their outstanding expertise and credibility.
“We are excited to announce this new acquisition, which will deepen our engagement in and support of critical fintech verticals that are primed for growth. We are looking forward to combining forces and driving this important work forward.”
Continuing to work on digital money
The Digital Pound Foundation brings together a diverse range of members and partners, from corporates to startups, as well as leading experts from the financial, technology, and regulatory sectors. The DPF’s active membership reflects a wealth of expertise and perspectives, ensuring a balanced approach to the complex challenges and opportunities posed by digital money.
“The Digital Pound Foundation has been on an incredible journey, and I am extremely proud of what the team has achieved since inception,” added Claire Conby, head of the Digital Pound Foundation.
“Now, under Innovate Finance, the DPF has a fantastic opportunity to amplify its advocacy efforts and to ensure that it continues to deliver impact within the industry. I am very much looking forward to working with the Innovate Finance team, alongside our members, partners, industry leaders, and policymakers to shape the future of digital money.”
With resources and support from the broader Innovate Finance team, DPF members will benefit from the expertise from across the two organisations, and continue the forward momentum of this agenda.
