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Tech Shares May Weigh On South Korea Stock Market

6 years ago
(RTTNews) - The South Korea stock market has moved lower in four straight sessions, sliding almost 65 points or 2.7 percent along the way. The KOSPI now rests just above the 2,340-point plateau and it may remain stuck in neutral on Monday.The global forecast for Asian markets is

Wanted: Economist for Digital Currencies, Fintech as Bank of Canada Studies a Possible CBDC

6 years ago

The Bank of Canada, posted a position for an economist, digital currencies and financial technologies, as the Canadian central bank continues to research how a central bank digital currency (CBDC) would work as well as the possible risks involved.

  • According to the posting, the economist will: “monitor and analyze developments in electronic money and payments, including CBDCs, cryptocurrencies, stable coins, crypto exchanges, and others.”
  • The advertisement lists as qualifications “nice to have” as: a knowledge of bitcoin, ethereum and other major cryptocurrency platforms as well as traditional payments systems like card networks, merchant acquirers, point of sale technologies.
  • 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.

Read also: Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency

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