The People’s Bank of China (PBOC) has been working on the digital yuan (DCEP) for several years. Meanwhile, the new Digital Dollar Project has also been advancing rather quickly.
Now, Canada plans to enter the scene with their own central bank digital currency (CBDC) project. The Bank of Canada (the nation’s central bank) has recently published a job post on their website. The central bank is currently seeking a project manager to take a central role in the design, development, and deployment of the planned CBDC.
Contninue read: https://www.asiacryptotoday.com/cbdc-arms-race-canada-challenges-digital-dollar-and-chinese-dcep/