
Bank of Canada
India, US insist AI will not cause job losses
India and the U.S. believe that AI will not cause job losses but instead transform the employment landscape by altering...
BIS, 7 other banks publish CBDC policy, design considerations
The central banks included England, Japan and the European Union, and delved into privacy, preventing crime, the two-tier system, cybersecurity,...
CBDC anonymity will impact bank lending: Bank of Canada
If the CBDC’s anonymity is sufficiently high, it will lure low-quality entrepreneurs as commercial banks cannot access their inflows, and...
Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits
The central bank dismissed fears that a CBDC would disintermediate banks as the extra services they offer, like mortgages and...
Canadians still don’t like CBDCs
More Canadians still prefer cash over a central bank digital currency, citing the latter's risks when it comes to privacy,...
Canada’s central bank explores DeFi, highlighting technical and regulatory hurdles
Bank of Canada highlighted several flaws associated with DeFi use, including limited tokenization, unregulated centralized entities, and increased interconnectedness in...
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