French main bank completes CBDC bonds pilot
central French

French main bank completes CBDC bonds pilot

The French central bank has completed Europe’s largest central bank digital currency (CBDC) trial to date, after using a digital currency to purchase bonds as part of a 10-month pilot scheme.  Working alongside some of the country’s biggest private banks, the Banque de France ran over 500 transactions during the CBDC pilot, powered by a…

French Main Bank’s Blockchain Bond Test Brings First Results
central French

French Main Bank’s Blockchain Bond Test Brings First Results

Source: AdobeStock/TMAXFrench central bank Banque de France has disclosed the results of its experimental program to use central bank digital currency (CBDC) to exchange and settle tokenised government bonds, potentially paving the way for the technology’s rollout in the country’s debt market.Per the bank, the experiment confirmed that the blockchain technology allows managing post-trade market…

French Fund Supervisor To Launch 1st EU-regulated Bitcoin Equities ETF
French manager

French Fund Supervisor To Launch 1st EU-regulated Bitcoin Equities ETF

Melanion Capital has received approval to list an ETF that tracks a basket of bitcoin-related stocks, an EU Ucits first.Paris-based Melanion Capital, a derivatives and computer-driven fund manager, has reportedly received regulatory approval to launch an exchange-traded fund (ETF) that tracks Bitcoin-related stocks for investors across the European Union (EU). However, the fund will not…

Very first French Erotic NFT Industry Raises $2M Private Purchase: ICO in June
first French

Very first French Erotic NFT Industry Raises $2M Private Purchase: ICO in June

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Rareporn is the first erotic NFT platform in France. It recently concluded its private sale and raised 2M USD in the process. Although this pioneer adult entertainment startup is barely three months in…

French main bank trials CBDC-based securities settlement
central French

French main bank trials CBDC-based securities settlement

The French central bank has announced the successful completion of a central bank digital currency experiment. The trial involved using the CBDC to simulate the settlement of listed securities in a test environment. Banque de France partnered with Swiss bank SEBA as well as two Luxembourg institutions. The French regulator conducted the experiment on June…