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    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 system. Announcements published by Scotiabank and CIBC on Sept. 22 say the first… Read the full story at The Defiant



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