To analyze the risk of introducing a central bank-backed digital currency, a new staff analytical note gets issued by the central bank of Canada. The risk of users holding their tokens or entrusting them to the third party gets analyzed by the central bank. “The safety of a CBDC would depend on the competition between providers of aggregation solution,” states the paper which was written by Francisco Rivadeneyra, staff from the Bank of Canada, and Charles Khan, a professor from the University of Illinois.