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… Canada statement or position. Summary 1    A Central Bank issued Digital Currency (CBDC) is essentially like a cryptocurrency (i.e. Bitcoin) created by a central bank to either replace or work in conjunction with the … to consider the release of a digital currency.  A Central Bank issued Digital Currency (CBDC) is the digital form of a …

… Payments Canada asked Victoria Cleland the Bank of England’s Executive Director for Banking, Payments and Financial Resilience to talk about the … We recently widened access to the existing RTGS to non-bank payment service providers: two have already joined this …

… The CPA is pleased to announce that on June 1, 2015, ICICI Bank Canada (institution number 340) began operations as a … (LVTS) direct participant. With the addition of ICICI Bank Canada, there are  17 direct participants in LVTS , including the Bank of Canada. Over the past few months, the CPA, the Bank …

… OTTAWA, May 2, 2016 -  (The Bank of Canada announced today) … to the overall payments system. In June 2015, the Bank of Canada released a consultation paper on Proposed … The CPA is well positioned to meet the new PFMIs from the Bank of Canada based on its experience when the Large Value …

… Payments Canada has published Central Bank Digital Currency (CBDC): The Fundamentals , the first … differences between CBDC, cryptocurrency and conventional bank notes, as well as discusses emerging CBDC use cases. The concept of central bank digital currencies (CBDC) has been a topic in the …

… of money , and the potential need for a central bank digital currency, otherwise known as CBDC. Today, the Bank of Canada, which serves as Canada’s central bank, is building the capability to issue a digital version …