• Home
  • Login
  • Register
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
SUBSCRIBE
No Result
View All Result
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
Currency Insider
No Result
View All Result

Bank of Canada Prepares for Digital Currency “In Case One Is Needed”

by CBDC Insider Staff
February 27, 2020
in Business, South America
Reading Time: 1min read
0
Bank of Canada Prepares for Digital Currency “In Case One Is Needed”
Share on FacebookShare on Twitter

RELATED STORIES

Would CBDC Become a Golden Opportunity for Banks and Processors?

Would CBDC Become a Golden Opportunity for Banks and Processors?

March 20, 2023
Crypto News Recap: RBI and CBUAE to Develop CBDC

Crypto News Recap: RBI and CBUAE to Develop CBDC

March 20, 2023

Although the Bank of Canada has no plans for issuing a digital currency immediately, the Central Bank is not ruling out the possibility of launching one due to potential mass adoption of private digital currencies — and the possibility of cashless societies.
Bank of Canada Deputy Governor Tim Lane spoke at FinTech RDV 2020 in Montreal, and declared that although at the moment there is “not a compelling case” for a central bank digital currency (CBDC), a prototype is on the way and the Bank plans to consult with a wide range of stakeholders to potentially design a central bank digital currency.

Continue reading: https://cointelegraph.com/news/bank-of-canada-prepares-for-digital-currency-in-case-one-is-needed

Previous Post

Exploring new ways to pay

Next Post

China’s First Digital Currency Could Boost Crypto, Says Binance CEO

Next Post
China’s First Digital Currency Could Boost Crypto, Says Binance CEO

China’s First Digital Currency Could Boost Crypto, Says Binance CEO

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register