France’s CBDC Test Moves Digital Euro One Step Closer to Reality
Cointelegraph
Published Apr 09, 2020 08:00AM ET
Updated Apr 09, 2020 09:40AM ET
Lately, it seems that most major national banks are toying with the notion of a national digital currency. France is conducting tests of its own now, and it could pave the way for a digital euro. What will France’s experiments involve, and how will they affect the crypto ecosystem? Here’s what is known so far.
According to a document it published on March 30, the Bank of France is on the hunt for a central bank digital currency that can ease interbank settlements. To find one, the institution has called on Europe’s finest, inviting applicants — institutional or otherwise — to explore potential advantages of a CBDC.
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Written By: Cointelegraph
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