Six Canadian Banks Outline First Phase of Tokenized Deposit Project

Six Canadian banks — Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Bank Group — are jointly exploring a shared Canadian-dollar tokenized-deposit

Six Canadian banks — Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Bank Group — are jointly exploring a shared Canadian-dollar tokenized-deposit system. Announcements published by Scotiabank and CIBC on Sept. 22 say the first... Read the full story at The Defiant