Banque de France begins testing digital Euro CBDC

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The Banque de France, France’s central bank, has begun testing its Central Bank Digital Currency (CBDC) in the form of a digital Euro, according to an official announcement.

Banque de France begins testing digital Euro CBDC

The topic of CBDCs has generated a lot of hype over the past year with a number of European nations as well as China and South Korea revealing the potential benefits.

The aim of France’s digital Euro experiment is to assess whether it proves to be a more efficient way of making payments.

France’s central bank added: “The aim is to explore the

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