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bank of canada News and Articles



Canada

Bank of Canada recognizes role of CBDC in the digitalization

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Initially, the Central Bank of Canada spoke out strongly against the launch of a national digital currency (CBDC). However, at the end of last year, the regulator for the first time made a change in its position on this issue. In parallel, the Canadian Central Bank began to look for specialists in...

Bank of Canada

Bank of Canada promises its token will be cleaner than BTC

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The Central Bank of Canada has no plans to launch a CBDC yet. However, the deputy head of the Central Bank Timothy Lane has already promised that the regulator’s token will be much more environmentally friendly than bitcoin. If the largest cryptocurrency causes huge harm to the environment and is...

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