{"id":44707,"date":"2021-06-21T17:05:55","date_gmt":"2021-06-21T14:05:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44707"},"modified":"2025-08-31T18:15:20","modified_gmt":"2025-08-31T15:15:20","slug":"bank-of-france-tests-cbdc-for-equity-settlements","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bank-of-france-tests-cbdc-for-equity-settlements\/","title":{"rendered":"Bank of France tests CBDC for equity settlements"},"content":{"rendered":"<p>Bank of France, together with Swiss crypto bank SEBA <a href=\"https:\/\/www.banque-france.fr\/communiqu\u00e9-de-presse\/la-banque-de-france-realise-une-nouvelle-experimentation-de-monnaie-numerique-de-banque-centrale\">completed<\/a> a pilot project for securities operations using the national digital currency (CBDC).<\/p>\n<p>As part of the experiment, the partners used CBDC to model settlements and the delivery of public equities under the European TARGET2-Securities (T25) mechanism.<\/p>\n<p>SEBA <a href=\"https:\/\/www.luxcsd.com\/luxcsd-en\/newsroom\/210621-2690144\">acquired<\/a> securities from Banque Internationale \u00e0 Luxembourg, the trade was settled by LuxCSD depository.<\/p>\n<p>According to Nathalie Ofavr, Director of Financial Stability and Operations at the Bank of France, the testing demonstrated CBDC&#8217;s ability to interact with distributed and traditional financial systems.<\/p>\n<p>In January 2021 the Bank of France <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-france-completes-cbdc-pilot-worth-e2-million\">completed a pilot project with the national digital currency worth \u20ac2 million<\/a> as part of testing that began in March 2020.<\/p>\n<p>Earlier in March the Bundesbank <a href=\"https:\/\/u1f987.com\/en\/news\/bundesbank-tests-cbdc-independent-blockchain-solution-for-settlements\">tested<\/a> an independent off-CBDC blockchain solution for settlements.<\/p>\n<p>At the end of April, JPMorgan, DBS and Temasek <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-dbs-and-temasek-to-build-blockchain-platform-for-interbank-payments\">announced<\/a> plans to develop an open industry platform based on blockchain for interbank payments, trading and settlements in foreign currencies.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of France, together with Swiss crypto bank SEBA, completed a pilot project for securities operations based on the national CBDC.<\/p>\n","protected":false},"author":1,"featured_media":44708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,134],"class_list":["post-44707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-france"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44707"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44707\/revisions"}],"predecessor-version":[{"id":44709,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44707\/revisions\/44709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44708"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}