Hey crypto enthusiasts! 🌟

The Bank of Canada has decided to scale back its work on central bank digital currency (CBDC) to focus on other, more pressing payment issues. While research on CBDC continues, the priority now is the development of broader payment policies and systems.

🔹 **New Approach**: They are preparing to oversee retail payments under the Retail Payments Activities Act of 2021.

🔹 **Real-time Rail**: Payments Canada continues to develop this instant payment system.

What do you think about this change of approach? Leave us your comments!