https://cryptobanking.news/banks/national-bank-of-canada/Verified items about National Bank of Canadahttps://cryptobanking.news/item/canada-six-banks-cad-tokenized-deposits/https://cryptobanking.news/item/canada-six-banks-cad-tokenized-deposits/Tue, 22 Sep 2026 00:00:00 GMTBMO, CIBC, National Bank of Canada, RBC, Scotiabank and TD said on 22 September 2026 that they are jointly exploring Canadian-dollar digital money solutions, starting with tokenized deposits. The first phase aims to move tokenized deposits across Canadian financial institutions; the longer-term goal is to connect with other digital asset initiatives, and the banks expect other deposit-taking institutions to join later. The release gives no platform, launch date or customer scope. Source: https://www.nbc.ca/about-us/news-media/press-release/2026/20260922-banks-secure-tokenized-deposit-solution.htmltokenized-depositshttps://cryptobanking.news/item/osfi-tokenized-deposits-statement/https://cryptobanking.news/item/osfi-tokenized-deposits-statement/Thu, 10 Sep 2026 00:00:00 GMTCanada's federal bank supervisor OSFI issued a statement on 10 September 2026 clarifying its technology-neutral stance on permitted activities under the Bank Act, Trust and Loan Companies Act and Insurance Companies Act: the underlying technology does not determine a product's legal nature, so tokenized deposits are deposits. Institutions remain responsible for compliance, including by third parties, are expected to follow guidelines such as B-13 (technology and cyber risk) and B-10 (third-party risk), and must engage their OSFI lead supervisor before launching novel products. Source: https://www.osfi-bsif.gc.ca/en/news/statement-tokenized-other-digitally-represented-depositstokenized-depositsregulation