Wanted: Economist for Digital Currencies, Fintech as Bank of Canada Studies a Possible CBDC
The move comes as the central bank continues to research how a central bank digital currency would work as well as the possible risks.
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The Bank of Canada is seeking an economist, digital currencies and financial technologies, as the Canadian central bank continues to research how a central bank digital currency (CBDC) would work and the possible risks involved.
- According to the posting, the economist will: "monitor and analyze developments in electronic money and payments, including CBDCs, cryptocurrencies, stablecoins, crypto exchanges and others."
- The posting comes as the Bank of Canada has both expressed caution regarding the risks of a CBDC and also how the pandemic has accelerated the need for speed at which the central bank must research how a CBDC would work.
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