French Central Bank to Experiment With Wholesale Central Bank Digital Currency – Ledger Insights – Enterprise Blockchain

Ledger Insights - enterprise blockchain

“Yesterday the Banque de France announced plans for an experiment to help with clearing and settlement of tokenized digital assets. To that end, it is calling for participants in a wholesale central bank digital currency (CBDC) test for interbank settlement. The announcement doesn’t come as a surprise because the Bank’s Governor Villeroy de Galhau previously expressed a desire for the European Central Bank (ECB) to be the first to issue a wholesale CBDC.”