The Bank of Canada is winding down its work on a retail digital currency (CBDC). 📉

- Research continues, but the focus is shifting to other issues.

- The Bank of Canada believes that a CBDC is only needed as a "contingency plan".

- The development of the Real-time Rail instant payment system is more important now.

- The bank will begin registering 2,500 small payment providers from November.

What do you think about these changes?