Caisse des Dépôts, a French state-owned bank, has issued a €100 million ($108 million) digital bond that will be settled in France’s pilot wholesale central bank digital currency (wCBDC). The bond was issued on Euroclear’s digital financial market infrastructure (D-FMI) and used the French central bank’s cash distributed ledger technology (DL3S) for the cash leg of the issuance. Other participants included Crédit Agricole, Natixis, and BNP Paribas. The bond will be listed on Euronext Paris. Meanwhile, the Norwegian central bank is exploring a central bank digital currency (CBDC) for financial stability but has not yet committed to issuing a digital krone. The country has high banking penetration and extensive use of digital payments, so a CBDC would not target financial inclusion. Norway also supports and intends to implement Europe’s Markets in Crypto Asset framework.
- Content Editor ( coingeek.com )
- 2024-11-15
French bank settles $108m digital bond with wholesale CBDC