Caterina
Sat Jun 08 2024
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7 answers
1275
Is Canada going digital currency?｜Canada's central bank, the Bank of Canada, has stated that. That said, they are researching digital currency systems and business models while working on building the capability to issue a digital version of the Canadian dollar (a CBDC ).they do not have plans to issue a digital currency any time soon
Are we witnessing the dawn of digital currency in Canada? The Bank of Canada, our nation's central bank, has revealed intriguing insights. Apparently, they're delving deep into the realm of digital currency systems and business models, all while striving to establish the necessary infrastructure to launch a digital version of our Canadian dollar, also known as a CBDC. However, does this mean we'll be seeing a digital currency in our pockets anytime soon? The Bank of Canada assures us that, for now, they have no immediate plans to issue one. So, are we really moving towards a digital currency future in Canada, or is this just the beginning of a longer journey?
