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Banque de France awarded by the Central Banking Fintech and Regtech Global Awards for its experimentations on central bank digital currency
The Banque de France received the CBDC infrastructure category award for its experimentations on central bank digital currency. Nine CBDC experiments were successfully performed, with the focus of projects ranging from securities settlement using distributed ledger technology-based platforms, to cross-border payments using wholesale CBDCs. Governor François Villeroy de Galhau during his speech said: “The experiments conducted by Banque de France demonstrated that a wholesale CBDC could significantly improve cross-border and cross-currency payments through the optimisation of payment processes". He added " the ... (full story)