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23 February 2022
UK
Reporter Jenna Lomax

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Digital Pound Foundation partners with CryptoUK

The Digital Pound Foundation (DPF) has partnered with CryptoUK, a self-regulatory trade association for the UK cryptoasset industry, as part of a wider effort to foster a stronger ecosystem for new forms of digital money in the UK.

Incorporated in June 2021 and formally launched in October 2021, the DPF is an independent, non-profit organisation that works with a variety of stakeholders and participants towards the implementation of the digital pound.

As policy developments surrounding digital currencies accelerate, the DPF is building partnerships with a number of organisations to help strengthen the dialogue with policymakers and collaborate on developing best practices.

Commenting on the partnership Ian Taylor, executive director of CryptoUK, comments: "Partnering with DPF to enable the success of the work both organisations are driving around advocacy and regulation will prove to be an essential element of the whole crypto ecosystem in the UK. We look forward to working with them to support both our objectives, and those of our community.”

Jannah Patchay, originating member and policy lead for the DPF, says: “CryptoUK has been instrumental in developing strong, meaningful relationships and conversations between the broader digital asset community and the UK’s policymakers and regulators. We are delighted to be partnering with CryptoUK, and look forward to a fruitful collaboration.”

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