BNP Paribas conducts blockchain-based repo transaction with French central bank

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On December 13, the French bank Societe Generale stated that it had conducted a repo transaction based on blockchain with the Banque de France, describing it as the first tokenized transaction with a Eurozone central bank. The bank's digital asset subsidiary SG-Forge used some bonds it had issued in 2020 as collateral, depositing them on the Ethereum blockchain, in exchange for central bank digital currency issued by the Banque de France on its DL3S blockchain. (CoinDesk)

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