France, Switzerland conclude major wholesale CBDC test with BIS
The French and Swiss central banks tested the use of a wholesale CBDC in cross-border funds transfers, with Credit Suisse, Accenture, and others participating.
Latest Bank of France News
Bank of France: Digital currency regulations more urgent than CBDC
The deputy governor of the Bank of France addressed the need for DeFi and digital assets regulations and expressed his concerns about CBDC.
Bank of France new report highlights upbeat results of wholesale CBDC experiments
The Bank of France began experimenting with CBDC in 2020 and said it could transform sectors such as cross-border transfers, but there are concerns.
Bank of France moves from conceptual to market CBDC trials: deputy governor
Banque du France is seeking to determine how a central bank digital currency can improve the fluidity and efficiency of payment and settlement systems.
French central bank wants Europe to work on fiat-crypto exchanges
Bank of France Governor Francois Villeroy de Galhau has made a 180-degree turn on his stance on cryptocurrencies and called for platforms that easily switch between crypto-assets and the real economy.
French central bank warns financial institutions to stay out of crypto
In a report by the Bank of France, officials are hoping to implement some drastic legislation that will seriously hinder the advancement of the digital currency in the country.