Tuesday, December 2, 2025
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

3% Monthly Yield Sparks Strong Demand: Doppler Finance’s XRP Staking Surpasses $32.7 Million Shortly After Launch

3% Monthly Yield Sparks Strong Demand: Doppler Finance’s XRP Staking Surpasses $32.7 Million Shortly After Launch

by firstcryptonews
December 2, 2025
0

Doppler Finance, a rising DeFi platform, has officially launched its new Ripple (XRP) staking service offering an attractive 3% monthly...

BxLend Announces First Token Sale and Early Access Launch

BxLend Announces First Token Sale and Early Access Launch

by firstcryptonews
December 1, 2025
0

BxLend, Europe's emerging leader in regulated crypto banking, has announced its first presale round launching December 3rd, followed by the...

I Built an Autonomous Ethereum Trading Bot With ChatGPT — Here’s How Much ETH It Printed in 30 Days (Full Video Inside)

I Built an Autonomous Ethereum Trading Bot With ChatGPT — Here’s How Much ETH It Printed in 30 Days (Full Video Inside)

by firstcryptonews
November 26, 2025
0

Video link: https://youtu.be/4YhE77jqreE Introduction In the video, the creator uses ChatGPT to engineer a fully automated Ethereum trading bot, deploys...

ElmonX Launches Dual Last Supper NFT Drop, Featuring Restored and Pre-Restoration Masterpieces; Italy Sales Restricted – Licensed by Bridgeman Images

ElmonX Launches Dual Last Supper NFT Drop, Featuring Restored and Pre-Restoration Masterpieces; Italy Sales Restricted – Licensed by Bridgeman Images

by firstcryptonews
November 21, 2025
0

ElmonX has announced its latest high-profile digital art release Tuesday 25th November, bringing Leonardo da Vinci’s The Last Supper to...

GEN Launches Malaysia’s First Green Digital Asset at GEN Impact 2025 — Uniting Digital Assets with Real Green Impact

GEN Launches Malaysia’s First Green Digital Asset at GEN Impact 2025 — Uniting Digital Assets with Real Green Impact

by firstcryptonews
November 18, 2025
0

Green Energy Network (GEN) officially launched Malaysia’s First Green Digital Asset at its signature event, GEN Impact 2025, marking a...

StratumFi Introduces the “Multi-Layer DeFi” Concept, Ushering in a New Era of Cross-Chain Value Flow

StratumFi Introduces the “Multi-Layer DeFi” Concept, Ushering in a New Era of Cross-Chain Value Flow

by firstcryptonews
November 6, 2025
0

With the widespread adoption of the EIP-4844 and Layer 2 Rollup technologies of Ethereum, decentralized finance is entering the era...

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

Dirham Token

DIRHAM: A New AED Backed Fully Regulated Stablecoin With Smart Contract Support

4 years ago
The organizers of Token2049 fell victim to fraud when Charles Lee of the Korean Roma Foundation mistakenly purchased 200 counterfeit tickets.

The organizers of Token2049 fell victim to fraud when Charles Lee of the Korean Roma Foundation mistakenly purchased 200 counterfeit tickets.

2 years ago
Lawmaker Offers New Hope for ICOs in South Korea

Lawmaker Offers New Hope for ICOs in South Korea

7 years ago
Metamine Announces Its Token $MTMN Listing on Global Crypto Exchange DigiFinex

Metamine Announces Its Token $MTMN Listing on Global Crypto Exchange DigiFinex

3 years ago
House of the Dog Presale Now Live on PinkSale Finance!

House of the Dog Presale Now Live on PinkSale Finance!

1 year ago
After Google Cloud, ThunderCore Announces Collaboration with Chainlink for Oracle Services

After Google Cloud, ThunderCore Announces Collaboration with Chainlink for Oracle Services

6 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

FurGPT Launches Behavioral Emotion Matrix to Deepen Human-Aligned Companion Interactions

FurGPT Launches Behavioral Emotion Matrix to Deepen Human-Aligned Companion Interactions

December 1, 2025

Press Release

3% Monthly Yield Sparks Strong Demand: Doppler Finance’s XRP Staking Surpasses $32.7 Million Shortly After Launch

3% Monthly Yield Sparks Strong Demand: Doppler Finance’s XRP Staking Surpasses $32.7 Million Shortly After Launch

December 2, 2025

© 2020 First Crypto News

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

© 2020 First Crypto News