Banks in Canada: Central bank digital currencies are risky, especially downside risk.

According to the Cointelegraph, on October 5, the Bank of Canada, the Bank of Canada, recently released a statement on the risks and rewards of banking in a digital business. The report says digital banking companies (CBDCs) based on anonymous terms pose significant risk. These risks arise from the way the equilibrium is stored and maintained, the way CBDCs are used for trading, and different solutions (such as e-wallets, crypto exchanges, and banking) compete with each other to attract investors. users.