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The Banque de France is approaching the development of a central bank digital currency (CBDC) differently than its other European counterparts by looking to the private sector for a CBDC proposal that can be experimented upon. Companies can submit their applications offering the bank an inventive solution to the inefficiencies of current financial and payment systems via the creation of a digital euro.

Project will explore CBDC use cases in interbank payment space

The Bank of France (Banque de France) is launching a program of experiments testing out a potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants are

Climate change caused by carbon emissions might be one reason for such a terrible global COVID-19 pandemic scenario.

The central bank of France officially announced a program of experiments to test the interbank integration of central bank digital currencies.

Cointelegraph talks U.S. CBDC with the founders of the Digital Dollar Project, former CFTC Chair Giancarlo and LabCFTC leader Gorfine.

After analyzing the plans for the Chinese and British CBDCs, InterChain Pulse noted the differences and similarities of the planned digital currencies.

While the US is rolling out a $2 trillion stimulus bill in a bid to support those affected in the upcoming recession and with its central banks lowering interest rates to 0%, China is also making progress on the launch of its central bank digital currency (CBDC), which would better facilitate a nationwide cutting of interest rates.

A board of 22 finance and fintech experts joins former CFTC leaders and Accenture to steer the future of the Digital Dollar Project.

Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched.

Leaders from different corners of the crypto industry react to the sudden prospect of a digital dollar, highlighting both promise and peril for users.

In the face of a global market crash and impending recession, the US government is stepping in with relief measures to support individuals and businesses financially. The House Democrats submitted a draft stimulus bill on March 22 which included the proposal of distributing a digital USD to ‘qualified individuals’ via digital wallets equivalent to a digital voucher.

The issuance of central bank digital currencies (CBDCs) has been gaining traction as various nations have shown interest. The People’s Bank of China (PBoC), China’s central bank, has finished the d

People' Bank of China, the nation's central bank, is reportedly inching closer to issuing a national digital currency.

This probably should come as no surprise. As the economy dives and the Coronavirus spreads across the US, elected officials in Washington, DC struggle to agree on a relief package. It has been reported that Republicans and Democrats had come to terms on a bailout