by In the FT, Philip Stafford reports about a digital currency initiative by the Bank of Canada and commercial banks. It will involve issuing, transferring and settling central bank assets on a distributed ledger via a token named CAD-Coin. But: The Bank of Canada said the experiment was a proof-of-concept and confined to interbank payment systems. … “None of our experiments are to develop central-bank issued e-money for use by the general public.”
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Dirk Niepelt considers the following as important: Bitcoin, Canada, Central Bank, Digital currency, Distributed ledger, Electronic money, Money, Notes, Payment system
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In the FT, Philip Stafford reports about a digital currency initiative by the Bank of Canada and commercial banks. It
will involve issuing, transferring and settling central bank assets on a distributed ledger via a token named CAD-Coin.
But:
The Bank of Canada said the experiment was a proof-of-concept and confined to interbank payment systems. … “None of our experiments are to develop central-bank issued e-money for use by the general public.”