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Nalezeno "bank of france": 22

Bank of France Deputy Governor Views CBDCs as a Catalyst For Cross-border Payments

4.10.2023
Denis Beau, the first deputy governor of Banque de France has referred to Central Bank Digital Currencies (CBDCs) as a foundation for a new global monetary system. According to him, CBDCs should be developed to implement cross-border payments rather than for local financial settlements alone...

Crypto Conglomerates Should Be Regulated, MiCA 2 Needed, Bank of France Governor Says

19.6.2023
International cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France. Speaking at a tech forum in Paris, Governor Villeroy de Galhau also suggested that a new version of the EU’s recently adopted crypto law may be needed to deal with...

The world must take a 'collective action' approach to regulations – suggests India’s Finance Minister

4.2.2023
Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month

Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation

20.1.2023
A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation...

Bank of France Governor Calls for Mandatory Licensing for Crypto Companies

8.1.2023
France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the past year. Licensing Should Replace Registration...

French central bank governor pushes for crypto licensing ahead of EU laws

6.1.2023
The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible."

Global financial regulators will discuss crypto at G7: Report

17.5.2022
Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

9.12.2021
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms....

Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments

3.9.2021
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make...

'We don't have much time left' to regulate crypto, says Bank of France governor

29.6.2021
"We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty," said Francois Villeroy de Galhau

Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC

23.6.2021
The Bank of France has successfully completed an experiment involving the use of CBDC to settle listed securities. The test has been carried out with the help of an alliance of partners led by SEBA Bank, a digital asset banking provider based in the Swiss crypto valley. Central Bank and Crypto...

Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector

11.6.2021
The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be conducted with the help of a private sector consortium led by Accenture. European Central...

French Lawmaker Signs Petition to Allow Central Bank to Buy and Hold Bitcoin

14.3.2021
A French parliament member has signed a petition to amend the laws to enable the central bank of France to buy and hold bitcoin as well as other cryptocurrencies. The petition urges lawmakers to urgently consider the matter, warning that not owning bitcoin will put France “in a financially...

Central Bank of France Considers Ripple a Potential Platform for the Digital Euro

9.3.2021
A 44-page report commissioned by CPA Australia states that Government and their central banks view the Ripple Network and its native currency, the XRP coin, more favorably compared to Bitcoin and Ethereum because of their centralized nature. The report titled “Central Bank digital currencies:...