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Bank of Canada collaborating with MIT on CBDC research
17.3.2022
The bank will work alongside the MIT Media Labs’ Digital Currency Initiative (DCI) team to examine how “advanced technologies could affect the potential design of a CBDC.”
Crypto poses no big risk to economy so far, Bank of Canada official says
25.11.2021
Canada is one of the first countries to approve a Bitcoin ETF and is the fourth-largest nation in terms of hash rate
Central Banks Should Allow Salaries, Social Transfers to be Paid in CBDCs - BIS
30.9.2021
ivate innovation, all the while preserving public trust.The BIS worked on the papers in cooperation with the Bank of Canada, Bank of England, Bank of Japan, European Central Bank, US Federal Reserve, Sweden’s Sveriges Riksbank, and the Swiss National Bank. The studies analyze policy options a
Study suggests Canadian CBDC could promote digital innovation within the country
20.7.2021
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 sees no strong case for a digital dollar — for now
27.5.2021
Amid the global CBDC race, the Canadian central bank does not currently see a strong case for issuing a state digital currency
4 top universities submit CBDC designs to the Bank of Canada
11.2.2021
Following initial discussions with the Bank of Canada, four top universities have submitted design proposals for a central bank digital currency
Covid-19 has pushed Bank of Canada toward 'digital looney'
10.2.2021
The Canadian central bank would be a better steward of financial data than private stablecoin issuers, according to one deputy governor
Bank of Canada Governor Says Digital Dollar Project Moving Past Trial Stage
29.10.2020
Tiff Macklem said Canada's digital dollar initiative is progressing past the experimental phase and that the G7 needs to coordinate on digital currencies
Wanted: Economist for Digital Currencies, Fintech as Bank of Canada Studies a Possible CBDC
18.10.2020
The move comes as the central bank continues to research how a central bank digital currency would work as well as the possible risks
Central banks should be ready with CBDCs, says Bank of Canada exec
15.10.2020
Timothy Lane says the central bank is developing a CBDC at "a good pace.”
CBDC Design Needs to Address Risk to Users, Says Bank of Canada
6.10.2020
Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada
Bank of Canada calls central bank digital currencies risky, especially storage
5.10.2020
Is risk in the eye of the beholder?
Canada's Digital Dollar Should Focus on Inclusion and Accessibility, Say Experts
30.6.2020
Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians
Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals
16.6.2020
The Bank of Canada is preparing to design its own central bank digital currency (CDBC), detailing its plans in a new job posting
Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer
26.3.2020
Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary...
Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus
16.3.2020
On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate...
Bank of Canada Won’t Issue Its Own Crypto Unless Libra Succeeds: Deputy Governor
25.2.2020
The Bank of Canada does not see the need to create a central bank digital currency unless a competitor – like Libra – starts dethroning the existing fiat
Bank of Canada Prepares for Digital Currency “In Case One Is Needed”
25.2.2020
Bank of Canada is getting ready to move on digital currency before it’s too late
Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat
24.2.2020
Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains
6 Central Banks Form Digital Currency Use Case Working Group
21.1.2020
The working group will pool research into CBDCs