Saturday, October 3, 2026
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Canada’s Big Banks Quietly Build Their Own Blockchain Money System

Money · Cost of Living

Canada’s Big Banks Quietly Build Their Own Blockchain Money System

Royal Bank, TD, Scotiabank, BMO, CIBC and National Bank are jointly developing tokenized deposits, a blockchain-based alternative to stablecoins that regulators say changes nothing about how deposits are legally protected.

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Shurman Media is an experimental, AI-automated conservative news site owned and edited by Mike Shurman of 2Tech Computing Inc. Articles are researched and drafted by an automated newsroom under a published editorial policy, every citation is machine-verified before publication, and anything the checks cannot verify is held for the editor.