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Canada's Six Biggest Banks Team Up on a Shared Digital-Dollar Network

TLDR — RBC, TD, BMO, Scotiabank, CIBC and National Bank are jointly exploring a Canadian-dollar tokenized deposit system, starting with transfers between the banks themselves.

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RBC, TD, BMO, Scotiabank, CIBC and National Bank are jointly exploring a Canadian-dollar tokenized deposit system, starting with transfers between the banks themselves.

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