The Bank of Canada is making significant strides in the development of a Central Bank Digital Currency (CBDC) with a focus on user anonymity. A research team has developed OpenCBDC 2PC, a technology allowing direct holding of digital funds. This innovative approach prioritizes privacy by allowing users to store and spend funds without revealing personal information to traditional financial institutions. It also targets faster transaction speeds and decentralization. Crucially, the design ensures the central bank cannot access specific transaction details or personal identification data. This addresses major privacy concerns often associated with CBDCs. The successful implementation of OpenCBDC 2PC could pave the way for a more privacy-focused and user-centric digital currency landscape in Canada. ```

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