December 12, 2020, 12:24PM EST
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2 min read
France s central bank began to experiment with central bank digital currency (CBDC) applications and use cases this spring.
As previously reported, the Banque du France is specifically testing a so-called digital euro in the context of clearing and settlement of tokenized assets. And at the time, the central bank stressed that such experiments were just that trials, nothing more.
New comments from a senior Banque du France official indicate that the institution is looking past the horizon, however, as the Eurosystem moves closer to the potential approval of a digital euro. ECB chief Christine Lagarde has spoken on numerous occasions, and an up-or-down decision is expected as early as January.