News with the tag "Banq"

BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge.

European banking giant Societe Generale has successfully completed a collateralized market transaction using tokenized bonds issued in 2020 on the Ethereum ( ETH ) blockchain. Tokenized bonds are a digital representation of traditional bonds that can be held and traded on a blockchain. The immutable...

The transaction involved tokenized bonds issued on the Ethereum blockchain as collateral in exchange for CBDC issued by the Banque de France.

The MAS and BDF experimented with post-quantum email security as a first step in securing payment networks.

The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Understanding (MoU) on bilateral collaboration on wholesale central bank digital currency (CBDC) and tokenization. This work is in addition to the numerous larger projects the countries participate in ...

The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) signed a MoU to work together on wholesale CBDCs. The post HKMA and Banque de France Forge Partnership for CBDC Creation appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

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 and bei...

In a significant move towards digital currency innovation, the Banque de France has published its second paper on wholesale Central Bank Digital Currency (CBDC), following a series of experiments. The French central bank has identified two primary use cases for an interbank CBDC: securities settleme...

The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday.

Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy protection in the United States. According to court documents, the filing reveals that Banq listed approximately $17.725 million in ass...