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it possible to “unveil the potential of wholesale central bank digital currency (CBDC)”, which is the theme of today’s conference. We are currently facing a wave of technological disruption in the First, experiments have shown that central banks will be able to steer the money supply of wholesale CBDC – which is a fundamental requirement for its potential deployment. This work ensures that we stand ready to bring central bank money as a settlement asset as early as 2025, with the implementation of the European pilot regime. This The Banque de France is accelerating its wholesale CBDC programme as it bids to be ready to bring in central bank money as a settlement asset as early as 2025. Now, according to reports, Banque de France, is looking toward a fully operational wholesale digital asset by the beginning of 2025. JUST IN: 🇫🇷 France has launched

Wholesale CBDC: France Targets 2025 Launch - Are We Ready?

JUST IN: 🇫🇷 France has launched a major initiative aiming for the early adoption of wholesale Central Bank Digital Currency (CBDC). The Banque de France is accelerating its wholesale CBDC programme as it bids to be ready to bring in central bank money as a settlement asset as early as 2025.

Could wholesale CBDC be a reality sooner than we think? Now, according to reports, Banque de France, is looking toward a fully operational wholesale digital asset by the beginning of 2025. This ambition highlights France's commitment to staying ahead of the curve in the rapidly evolving landscape of digital finance.

This aggressive timeline underscores the importance of initiatives designed to “unveil the potential of wholesale central bank digital currency (CBDC)”, which is the theme of today’s conference. We are currently facing a wave of technological disruption in the First, experiments have shown that central banks will be able to steer the money supply of wholesale CBDC – which is a fundamental requirement for its potential deployment.

France’s Central Bank Governor is pushing for rapid progress. This work ensures that we stand ready to bring central bank money as a settlement asset as early as 2025, with the implementation of the European pilot regime. This demonstrates a proactive approach to integrating CBDCs within the existing financial infrastructure.

The prospect of a fully operational wholesale CBDC by 2025 raises important questions about readiness and implications. What are the potential benefits and risks? How will it impact financial institutions and the broader economy? Stay tuned for further updates as France leads the charge towards a digital future for central bank money.

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