The consortium behind Project Jura successfully settled a “real-life” transfer of securities and cash between France and Switzerland in November.

The group – which includes the Bank for International Settlements, Banque de France, Swiss National Bank and several private firms – declared the experiment a success in a report today (December 8).

Benoît Cœuré, head of the BIS Innovation Hub, told journalists it was rare to see a “concrete use case” for a central bank digital currency operating