Today news
About the same in other media
France looks into CBDC for wholesale use, ‘more work needed’ to study impact
Reading now: 318
ambcrypto.comFrance has come forward with the most ambitious and successful CBDC trial to date. In the latest development, the Bank of France wants to conduct further research on a CBDC for wholesale use in the financial sector.
Bloombergunderlined this development and further highlighted some important insights. For instance, consider this chart below:
Source: Bloomberg
Clearly, France (in blue) has been actively pursuing its vision of incorporating a CBDC into its financial structure. According to the Bank of France, CBDC could keep up standards for securities settlements, and minimize potential fragmentation from the existence of multiple private versions.
At the same time, it could speed up cross-border payments, making them less expensive and more
Read more on ambcrypto.comAbout this in other media
'No more women should die': MEPs slam Poland's near-total abortion ban euronews.com /2 years ago
Belarus: Lukashenko ponders cutting gas supplies if EU levies more sanctions over migrants euronews.com /2 years ago
Banque de France reports back on wholesale CBDC programme finextra.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
