85% Of Canadians Are ‘Aware’ Of Bitcoin, Says Bank of Canada
The results of a nationwide bitcoin survey conducted December by the Bank of Canada are now in.
Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains.
The working group will pool research into CBDCs.
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.
The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.
Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank.