Thursday, May 14, 2026
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

Scotland Release CBDC On XRP Ledger

by firstcryptonews
August 20, 2022
in Press Release
Scotland Release CBDC On XRP Ledger

Scottish crypto startup ALBA have created a cross border settlements currency in collaboration with the Scottish Central Bank to anticipate the coming political separation of Scotland from the United Kingdom.

ALBA have a strong, capable team.

ALBA CEO Angus Cameron used to work at Consumer Applications at Google from 2017 to 2019, and held various positions at Yahoo! from 2007 to 2013. Angus formerly served as CEO of a Scottish media company, held management positions at a Scottish electronics distribution centre, and was an advisor to Rightmove property company. He currently serves on the Board of Directors of Anytime Fitness and Match.com and has held board positions at Gymshark and Ancestry.com

Next we have Head of Interbank relations Clare Rothschild. Clare has over 7 years of experience in cryptocurrency investment management. Clare wants to lead the effort to create Scotland’s new currency, The ALBA. After resigning from the bureau of Engraving, Clare received an award for her role in helping in the design of the federal reserve notes. Clare was the highest rated member of the Federal Reserve’s Investments Team during the 2020 financial crisis. Clare is currently completing a report with the World Economic Forum to help investment bankers prepare for the next pandemic. Clare rejected the opportunity for advanced study at Harvard University with a focus on Real Estate and Finance for her role in creating the new Scottish cross border currencies at ALBA.

Clare is now the Head of Interbank Relations at ALBA and consults central banks regarding integrating central bank digital currencies with the XRP ledger.

Clare believes in integrating a new Scottish paper currency alongside the new digital currency, the ALBA and believes that Scotland should act quickly to become the first country to implement their new currency before the next financial crisis caused by US dollar hyperinflation.

Next we have Scotland’s monarch Julia Windsor. Julia Windsor is ALBA’s correspondent Central Bank Co-ordinator. Julia left the Bank of England for her role at ALBA after being disappointed with the Bank of England’s support for Scotland during the pandemic. Julia believes much of the funds intended for Scottish food banks went to the English Royal Family for upkeep of properties and legal fees. Julia was also upset at the lack of available financing for Scottish entrepreneurs and investors.

Julia wants to vote no in the referendum and help to create an interoperable Scottish currency alongside the Great British Pound and XRP. Julia believes Scotland should stay in Britain to keep a unified military, police service and control of the borders. The existing British pound can be used to fund government necessities while the Scottish ALBA can be used as a store of wealth, backed by Scotland’s natural resources and property.  Julia will be working with the Bank of England to ensure smooth operations between the Pound and ALBA, in the case of a YES or NO vote.

George Boyd is ALBA’s chief economist. George studied at Edinburgh University and has over 20 years of experience advising clients on international growth strategies, and has been an economic advisor to Fortune 500 companies about inflation in global markets. George believes the pound is headed for serious trouble, with Pound inflation forecasted to be 13% in 2022.

George said “Scottish investors are seeking safety in the ALBA as a replacement for their overvalued properties. I think this is a trend that will continue as we head into the referendum.”

Whatever happens with the referendum, it’s clear that Scottish investors are preferring the ALBA to the highly inflationary pound

Related Posts

SIVAX Teams Up With Squid, Pushes Into RWA Territory

SIVAX Teams Up With Squid, Pushes Into RWA Territory

by firstcryptonews
May 14, 2026
0

SIVAX, an XRPL-based yield platform, has signed on with cross-chain infrastructure provider Squid as part of a wider push to...

Beyond the CEX: How YUBIT’s 500-Asset Platform is Merging Crypto and TradFi

Beyond the CEX: How YUBIT’s 500-Asset Platform is Merging Crypto and TradFi

by firstcryptonews
May 9, 2026
0

The global financial landscape is currently undergoing a "Great Convergence." As the lines between digital assets and legacy markets continue...

Arxia, The Next Major Layer 1, Records First Blockchain Transaction Over LoRa Radio Without Internet, Cellular, or Satellite

Arxia, The Next Major Layer 1, Records First Blockchain Transaction Over LoRa Radio Without Internet, Cellular, or Satellite

by firstcryptonews
May 5, 2026
0

A signed 193-byte Layer 1 transaction transmitted between two ESP32 nodes on the 868 MHz unlicensed band and validated locally,...

Truoux Upgrades High-Performance Matching Engine to Ensure Trading Resilience During Extreme Market Conditions

Truoux Upgrades High-Performance Matching Engine to Ensure Trading Resilience During Extreme Market Conditions

by firstcryptonews
April 22, 2026
0

In the crypto market, the impact of intense volatility has made investors realize the importance of trading infrastructure. Recently, Truoux...

Truoux Obtains US SEC License, Advancing Crypto Financial Compliance

Truoux Obtains US SEC License, Advancing Crypto Financial Compliance

by firstcryptonews
April 22, 2026
0

As institutional funds continue to flow into the crypto industry, the US financial regulatory system has established clear guidelines for...

Truoux Obtains US MSB License, Building an International Compliance Framework

Truoux Obtains US MSB License, Building an International Compliance Framework

by firstcryptonews
April 22, 2026
0

Many countries around the world are strengthening scrutiny and regulatory enforcement on crypto trading platforms, setting higher standards in areas...

Next Post
Create your Custom Metaverse Building Environment for Decentraland, Spatial, FrameVR or Mozilla Hub. Starting at 175$

Create your Custom Metaverse Building Environment for Decentraland, Spatial, FrameVR or Mozilla Hub. Starting at 175$

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Over 1.5 Million Coins May Have Been Permanently Lost On The Bitcoin Network

Over 1.5 Million Coins May Have Been Permanently Lost On The Bitcoin Network

6 years ago
Leading SARMs and Peptides Supplier Melanotan Express Announces They Now Accept Bitcoin as Payment Option

Leading SARMs and Peptides Supplier Melanotan Express Announces They Now Accept Bitcoin as Payment Option

4 years ago
Meet AgentLISA: The AI Security Agent Backed by $12M to Protect Web3

Meet AgentLISA: The AI Security Agent Backed by $12M to Protect Web3

7 months ago
Mansa AI Activates Universal Model Connector for Gemini, OpenAI, StabilityAI & Emerging AI Systems

Mansa AI Activates Universal Model Connector for Gemini, OpenAI, StabilityAI & Emerging AI Systems

5 months ago
2022 TRON launches the latest cloud mining platform | The best withdrawal proof!

2022 TRON launches the latest cloud mining platform | The best withdrawal proof!

4 years ago
To find the Bitcoin in domain name. Fairlaunch & free registration.

To find the Bitcoin in domain name. Fairlaunch & free registration.

3 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Lithosphere Expands Agent Infrastructure Ahead of Growing Demand for Autonomous Onchain Systems

Lithosphere Expands Agent Infrastructure Ahead of Growing Demand for Autonomous Onchain Systems

May 13, 2026

Press Release

SIVAX Teams Up With Squid, Pushes Into RWA Territory

SIVAX Teams Up With Squid, Pushes Into RWA Territory

May 14, 2026

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News