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.
Updated Sep 14, 2021 at 10:11 a.m. UTC
![bank of canada](https://www.coindesk.com/resizer/FBfuBM9woUm3WMBRUdxitt-cFPw=/567x378/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HBHNL6FXQNBNDPSQH2NVWZVCPU.jpg)
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.