
The Central Bank of France recently published a request for proposal to help assist the bank in studying the usage of Central Bank Digital Currencies (CBDCs). The bank is launching an experimental program to specifically assess the functionality of the digital euro in settling transactions. The program aims to accomplish three primary goals: 1) determine the benefits of integrating a CBDC with the Euro, assess the functionality of a CBDC with interbank settlement, and identify how a CBDC impacts monetary policy.
Continue read: https://www.unlock-bc.com/news/2020-04-09/central-bank-of-france-to-test-central-bank-digital-currency