The Banque de France has launched its second phase of central bank digital currency (CBDC) experiments. The central bank will conduct up to five additional experiments, after conducting nine over the past year, with a wholesale CBDC focus.

BdF governor François Villeroy de Galhau spoke of a “triple digital revolution” unfolding in the financial sector. Central banks must contend with new tokenised assets, new players and new “decentralised” marked infrastructures, “aimed to remodel the