Canada’s six largest banks explore tokenized Canadian dollar deposits

The country’s largest financial institutions are exploring tokenized deposits for interbank payments, just weeks after regulators clarified how they should be treated. Canada’s six largest banks are jointly exploring a system for tokenized Canadian dollar deposits that would allow digital representations of bank deposits to move between financial institutions. The initiative involves Bank of Montreal,…

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Zcash gets first European ETP following US ETF launch

21shares listed physically backed ZEC and ETHFI products on Euronext Paris and Amsterdam, as issuers broaden their offerings beyond major cryptocurrencies. European asset manager 21shares has launched the region’s first exchange-traded product tied to Zcash, extending the privacy coin’s reach into regulated markets following its strong performance over the past year. On Tuesday, 21shares listed…

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