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Canadians Support Cash Payments Over CBDCs: Report
30.11.2023
Source: Jason Hafso / Pexels Canadians are less enthusiastic about a Central Bank Digital Currency (CBDC) opting for traditional payment methods despite wider awareness, a new survey shows. The Digital Canadian Dollar Public Consultation Report published by the Bank of Canada highlighted...
Canada central bank assesses innovations and challenges of DeFi
17.10.2023
The staff note suggested that although the DeFi ecosystem brings a ton of innovations in the financial sector the regulatory challenges and vulnerability limit its potential use in traditional finance
Central banks will face unfamiliar challenges to achieve CBDC inclusivity, study says
4.10.2023
The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows
Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada
11.8.2023
A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC
Canadian Digital Asset Ownership Plummets Amid Global Regulatory Uncertainty: Bank Of Canada
4.8.2023
Cryptocurrency ownership in Canada declined in 2022 due to a plethora of factors including uncertainty in regulation, fear of digital asset scams, and unfavorable market conditions.
A new survey, the Bitcoin Omnibus Survey (BTCOS) by the Bank of Canada highlights the trend of digital assets...
Canadian crypto ownership declined amid tight regulations, falling prices
4.8.2023
The biggest motivation for Canadians interested in Bitcoin is an investment — as showcased by the choice of over one-third of the 4,996 respondents in the Bank of Canada's 2022 survey
7 central banks and BIS continue examination of ongoing policy issues for retail CBDC
25.5.2023
The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC
Canada's central bank asks citizens what they want in a digital dollar
9.5.2023
Canadians are being asked what features they wish to see in a digital Canadian dollar even though there are no plans yet to issue one
US contemplates 'expanding' emergency lending facility for banks: Report
26.3.2023
While the Federal Reserve liquidity offerings must be equally accessible to "all eligible users," unnamed sources reportedly warned that it could be “made in a way” to ensure First Republic Bank benefits
Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis
20.3.2023
On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision...
BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin
15.10.2022
This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin,...
Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’
10.10.2022
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank governor Tiff Macklem explained that “reasonably good harvests” will contribute...
Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis
6.10.2022
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria
Canadia's new opposition leader is a Bitcoiner
13.9.2022
The new Conservative Party of Canada leader has previously advocated for financial freedom through crypto tokens, smart contracts and decentralized finance
Soaring Inflation Puts Central Banks on a Difficult Journey
5.8.2022
Tobias Adrian is the Financial Counsellor and Director, and Christopher Erceg and Fabio Natalucci are Deputy Directors at the International Monetary Fund (IMF)'s Monetary and Capital Markets Department.__________...
Read More: Soaring Inflation Puts Central Banks on a Difficult Journey
Bank of Canada’s Official: Crypto Needs Regulation Before It Becomes ‘a Lot Larger’
15.6.2022
Bank of Canada’s senior deputy governor says the central bank does not want to wait until crypto “gets a lot larger” before it brings regulatory controls in place. “This is an area that is still small, but it’s growing really rapidly,” the official said....
Economist David Dodge Says Gold Is an ‘Antique Instrument,’ Thinks Digitizing the Canadian Dollar Is Interesting
27.5.2022
The economist David Dodge, the former seventh governor of the Bank of Canada, says gold is an “antique instrument,” and he believes Canada’s central bank got rid of its gold reserves for this very reason. Despite saying gold is an outdated financial tool, Dodge said that...
3 questions on financial literacy Bitcoiners flunk: Bank of Canada
22.4.2022
“In particular, Canadians who were young, male, employed, had a university degree, high household income and relatively low financial literacy were more likely to own Bitcoin."
Quantum Simulations Predict that Merchant Crypto Adoption Could Spread in 'Cliques'
19.4.2022
Quantum computer simulations conducted by researchers at quantum computing startup Multiverse Computing and the Bank of Canada have shown that crypto adoption among merchants can spread in “cliques of firms”, as individual firms generally base decisions on what their partners do....
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Quantum computing firm simulates adoption of crypto payments
14.4.2022
“We wanted to test the power of quantum computing on a research case that is hard to solve using classical computing techniques,” said Maryam Haghighi