France's Central Bank Starts Tests of National Digital Currency
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La Banque de France, France's central bank, has used a central bank digital currency (CBDC) to settle digital bonds issued by the European Investment Bank on the Ethereum blockchain.

According to the regulator, the placement has been done by creating smart contracts on the blockchain to issue and control the circulation of digital euro tokens.

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The transfer of the CBDC and the delivery of the security tokens to the bank's and investors' portfolios have been simultaneous. The French institution has plans to conduct further experiments in the coming months aimed at studying how central bank digital currencies can be used in interbank settlements.

Last April 28 it was known the European Investment Bank had issued €100M in digital bonds. Goldman Sachs, Banco Santander and Société Générale acted as joint managers for the notes.

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