Bank of Canada Archive
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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.
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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.
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Crypto 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.
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Timothy Lane says the central bank is developing a CBDC at “a good pace.”
By satoshi
October 15, 2020
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Is risk in the eye of the beholder?
By satoshi
October 5, 2020
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The reserve banks of Canada, Singapore and the United Kingdom have singled out central bank digital currencies as being one of the solutions that can be …
By satoshi
November 16, 2018
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An experiment conducted by Canada’s central bank in conjunction with the country’s payments system, a stock exchange operator, a distributed ledger technology (DLT) firm and a …
By satoshi
October 28, 2018
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Data from the Bank of Canada and the Ontario Securities Commission has revealed that bitcoin adoption and general crypto awareness in Canada is growing steadily, with …
By satoshi
October 25, 2018
