French central bank to launch tests on digital currency from 2020

Almost every week, you hear about states that want to bring their own digital currencies on the market or already implement the implementation. One of the pioneers in this project and in general on cryptocurrencies is France. The head of the French central bank has now announced that it could start soon and the call for the project will be launched early next year.

France plans to test its first projects in the area of ​​cryptocurrencies issued by the central bank next year, according to French news site AFP. In a conference held last Wednesday Francois Villeroy de Galhau said:

    We want to start with the implementation of experiments quickly and will start a project call before the end of the first quarter of 2020.

De Galhau points out that his country would like to contribute to the innovation of digital currencies. At the same time, he warned that he would experiment with technology in a serious and methodical way.

The fact that France is one of the first countries in Europe with concrete plans to implement its own digital currency, seems to fit into the picture. The Minister of Finance and Economy, Bruno Le Maire, called on an EU meeting to create a public digital currency. However, the question arises as to how France wants to bring its own cryptocurrency with the euro under one roof.

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