The Bank of Canada has halted its Digital Canadian Dollar (CBDC) project, which it launched in 2017. 🇨🇦 The bank abandoned the initiative after researching the potential of the digital currency. In a survey conducted in 2023, 87% of respondents said they would not use a digital Canadian dollar. 📊 Now, the bank is focusing on policy research and analysis. Meanwhile, CBDC projects are rapidly increasing around the world.