The Bank of Canada suggested that a Canadian CBDC could provide a number of innovations, including the elimination of transaction fees from debit and credit cards.
Bank of Canada News
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Amid the global CBDC race, the Canadian central bank does not currently see a strong case for issuing a state digital currency.
9343Crypto volatility is an emerging vulnerability to Canada’s financial system, while stablecoins pose risks for the country’s monetary system, the Bank of Canada said.
29404Following initial discussions with the Bank of Canada, four top universities have submitted design proposals for a central bank digital currency.
17627Timothy Lane says the central bank is developing a CBDC at "a good pace.”
6978Is risk in the eye of the beholder?
8575Those with less financial knowledge may be twice as likely to invest in crypto.
27389Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians.
5729Representatives from several central banks in Europe and one in Canada spoke at Money20/20 today about why fiat is not particularly threatened by crypto.
12076Canada's Central Bank and Toronto Stock Exchange operator have reported positive results from piloting a blockchain-powered securities settlement platform.
25505The MIT Technology Reviews explores three hypothetical ways that Bitcoin could be “destroyed” in a new article.
57192Bank of Canada research consultant proposes a financial system that uses the cryptocurrency Bitcoin as the standard currency instead of the fiat currencies.
12207Carolyn Wilkins recently warned banks about the effect that cryptocurrencies like Bitcoin can bring to the monetary policy.
601On November 13, Bank of Canada Senior Deputy Governor Carolyn Wilkins gave a speech at Wilfrid Laurier University in Waterloo, Ontario, on 'Money in a Digital World,' where she tackled the topic of 'e-money,' dissecting both the benefits and risks of such innovations, and said that Canada's central bank was "undertaking research on the potential merits of issuing e-money."
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