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Cointelegraph: French Central Bank Blockchain – Based On Central Banking And Debt Market
As a number of global jurisdictions like the Bahamas and Sweden are testing their central bank digital currencies (CBDC), French central bank is getting more straightforward
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By CoinTelegraph.com
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The central bank of France continues actively exploring a central bank digital currency (CBDC), completing a significant trial of a blockchain-based CBDC in the country’s debt market.
Over 500 institutions in France have participated in a 10-month experiment testing a CBDC issued by Banque de France for government bond deals, newspapers reported this week.
The CBDC trial was led by Belgium-based financial services firm Euroclear and used a system developed by American technology giant IBM.
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