Canada's Largest Banks Explore Tokenized Canadian Dollar Deposits for Interbank Payments
Canada's six largest banks are exploring tokenized Canadian dollar deposits for interbank payments after recent regulatory clarity.
Canada's six largest banks are exploring tokenized Canadian dollar deposits for interbank payments after recent regulatory clarity.
Canada's "Big Six" banks are set to launch an interbank tokenized deposit initiative, focusing initially on digital commercial deposits.

Canadian financial platform Wealthsimple has launched a new app offering event-based prediction markets, powered by Kalshi, following recent regulatory approval.

Hive Digital Technologies saw its shares climb significantly after announcing a substantial $220 million deal to provide AI infrastructure in Canada.

Concerns over centralized artificial intelligence platforms are driving renewed interest and a market rally for decentralized AI tokens.

Bitcoin mining firm Hive Digital Technologies reported significant revenue growth last year while aggressively expanding into AI infrastructure with a new large-scale data center.

Robinhood is set to enter the Canadian cryptocurrency market by acquiring WonderFi, gaining control over local exchanges Bitbuy and Coinsquare.