France Incorporates Cryptocurrencies in Government Bonds, Here's Everything You Should Know

The Central Bank of France is currently running a pilot in which government bonds would incorporate crypto assets transactions in the debt market. The program would continue for 10-months and would see the country’s biggest financial players take part in it to check the feasibility. The trial would incorporate a blockchain system developed by IBM which would be used by the likes of securities depository Euroclear and includes many of France’s largest banks, as well as the French public debt office and the central bank.