December 7, 2019 by Xavier
The launch of digital currency national has become the new trend of the moment. After Venezuela, Iran or even China, and now France wants to test the technology of digital currencies by providing to test one’s own by the year 2020.
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An implementation prudent in the crypto-sphere
After the French minister of Economy and Finance, Bruno Le Maire, has a little more also soon call for the creation of a digital currency with public, François Villeroy de Galhau, the governor of the central bank, announced last Wednesday, during a conference organized by the ACPR, the bank is preparing to fulfil that wish.
According to the report of AFP, a call for projects will be put in place by the end of the first quarter of next year. Although the fervor is felt at the level of government and finance bodies for this innovation unexpectedly, France’s priority is always the safety of its citizens.
According to Villeroy de Galhau, the Hexagon should experiment with the new technology in a serious and methodical.
Remember also, that Bruno The Mayor had already expressed his opposition to the proposed crypto-currency of Facebook, the Libra, claiming that the country would protect against the potential threat on the monetary sovereignty conveyed by the Libra.
#UPDATE “We want to start running experiments rapidly and will launch a call for projects before the end of the first quarter of 2020,” said Bank of France governor, and Francois Villeroy de Galhau, as concern grows among governments over new currencies planned by Facebook and others. pic.twitter.com/Maecroa792
— AFP news agency (@AFP) December 4, 2019
What is it from China ?
For its part, the project of digital currency from the chinese central bank would be still in the testing phase, and this, well after nearly 5 years of development.
While the chinese central Bank has already promised it to the crypto-community that his project is almost ready to be launched, it would currently be in the process of finalizing and analyzing the yuan digital.
China has refrained from disclosing the specific date of its launch for security reasons.
What do you think of this French project of digital currency national ? Share your thoughts in the comment section below
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