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Tag: Canada

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Canada’s Big Six Banks Explore Tokenized Deposits
Key Takeaways

Six banks are exploring tokenized CAD deposits.
No commercial payment network exists yet.
Tokenized deposits remain liabilities of banks.
Interbank settlement is the central challenge.
Other Canadian institutions could join later.


The first phase focuses on transfers between… Read full article
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Canada’s six largest banks explore tokenized Canadian dollar deposits
The country’s largest financial institutions are exploring tokenized deposits for interbank payments, just weeks after regulators clarified how they should be treated. Read full article
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