Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

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Source: Coindesk.com

Canada has announced it is shifting its focus away from a retail central bank digital currency but implied that it was prepared if the people of the nation decide such a product is needed in the future. CBC News, Canada's public broadcaster, reported that the Bank "is shelving" the idea of a Canadian dollar.

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The post "Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments" appeared first here Coindesk.com.

Source: Coindesk.com

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