Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC

shutterstock 197607137 768x432 av4ZTO

The Bank of France has successfully completed an experiment involving the use of CBDC to settle listed securities. The test has been carried out with the help of an alliance of partners led by SEBA Bank, a digital asset banking provider based in the Swiss crypto valley.
Central Bank and Crypto Company Conduct Successful CBDC Test
As part of a program launched in March 2020, central bank digital currency (CBDC) has been used to simulate the settlement of listed securities, Bank of France announced in a press release published Monday. On June 18, the regulator simulated the issuance of CBDC tokens on a public blockchain while preserving control over the transactions.
A dedicated smart contract was developed and deployed, the bank explained, and the Eurosystem’s Target2-Securities (T2S) was used as a delivery platform. All operations were carried out in collaboration with the Swiss-licensed digital asset banking provider SEBA Bank AG, Banque Internationale à Luxembourg, the oldest mul

Czytaj więcej

Źródło: https://news.bitcoin.com/bank-of-france-swiss-crypto-bank-test-securities-settlement-using-cbdc/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy