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Cryptoassets & Blockchain Legal News

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France

French Central Bank points to blockchain potential

April 19, 2016 by Ashley MAO

A new report released by France’s central bank mentions crypto currencies and blockchain technology in the context of financial stability in an era of digitization.

According to the report, research into the technology is being conducted by the Banque de France in collaboration with the Financial Stability Board (FSB), focusing on its potential applications and security. It also advisees further research into the new technology in order to evaluate its cost effectiveness, safety and ability to manage large numbers of transactions.

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Ashley MAO, Coinlaw

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Ashley MAO is a member of the Coinlaw team. Read more about our team.

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