France Jumps The CBDC Line
Central bank digital currencies (CBDCs) are seen as a a key mechanism for helping the financial sector catch up with more digitally-innovative industries. That said, its development has remained sluggish.
That said, things could soon be changing. The Banque de France successfully completed a simulated securities settlement using a wholesale CBDC, which offers a window into a much more streamlined, efficient, and transparent capital markets system,Source