Bank of France conducts virtual currency trials; €2 million in simulated investment transactions take place as EU prepares for decision on digital euro - AML Intelligence
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Bank of France conducts virtual currency trials; €2 million in simulated investment transactions take place as EU prepares for decision on digital euro

Bank of France runs virtual currency trials

The top banking authority in France has described a trial of a central bank digital currency (CBDC) among investors as a success.

In a statement Tuesday, the Bank of France said that the experiment – launched on 17th December – saw over €2 million in simulated shares bought and sold among investors to – showing what a CBDC would look like for day-to-day business.

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