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Bank of Canada

Canada to create central repository for seized NFTs, digital currencies

Wahid Pessarlay

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19 August, 2023

Canada to create central repository for seized NFTs, digital currencies

Canada's RCMP plans to launch a central repository to store seized digital assets with features like processing transactions from various...

Bank of Canada sees limited adoption of CBDC amid declining mainstream acceptance

Wahid Pessarlay

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16 August, 2023

Bank of Canada sees limited adoption of CBDC amid declining mainstream acceptance

As the use of digital payments continuously declines, the Bank of Canada sees insufficient reason to fully adopt CBDC but...

Bank of Canada launches CBDC consultation

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10 May, 2023

Bank of Canada launches CBDC consultation

While a digital dollar “is not needed at this time,” the Bank of Canada wants to be ready as it...

Bank of Canada experiments with offline CBDC payments

Wahid Pessarlay

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4 March, 2023

Bank of Canada experiments with offline CBDC payments

Bank of Canada claims that an offline central bank digital currency will allow users to transfer digital Canadian dollars without...

Bank of Canada pushes for firmer stablecoin regulation

Wahid Pessarlay

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24 December, 2022

Bank of Canada pushes for firmer stablecoin regulation

The global stablecoin market capitalization currently stands at an impressive 161 billion, and the researchers from the Bank of Canada...

Bank of Canada executive director: No ‘blanket supervisory approach’ on digital payment providers

Wahid Pessarlay

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7 November, 2022

Bank of Canada executive director: No ‘blanket supervisory approach’ on digital payment providers

Instead of a blanket supervisory approach, the Bank of Canada will impose regulations centered on end-user impacts and providing efficient...

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