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Canada

Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits
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15 February, 2024

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...
Canada wants to ban NFTs, restricts digital asset investments for mutual funds
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25 January, 2024

Canada wants to ban NFTs, restricts digital asset investments for mutual funds

Canada’s securities watchdog has published updated guidelines on digital assets for mutual funds, prohibiting investment in or holding digital assets...
Canada’s ATB Ventures advances blockchain ID solution with Flinks partnership
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20 January, 2024

Canada’s ATB Ventures advances blockchain ID solution with Flinks partnership

As per an official statement, the partnership will involve Oliu, ATB Venture's digital ID solution, relying on Flinks' API bank...
AI regulation on top of Italy’s priority list as it takes on G7 presidency
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10 January, 2024

AI regulation on top of Italy’s priority list as it takes on G7 presidency

Italy, as the new G7 president, prioritizes AI regulation for industry innovation, with Prime Minister Giorgia Meloni planning a dedicated...
Canadians still don’t like CBDCs
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11 December, 2023

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 OSFI seeks feedback on banks’ ‘crypto’ disclosures
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30 November, 2023

Canada’s OSFI seeks feedback on banks’ ‘crypto’ disclosures

The Official of the Superintendent of Financial Institutions wants the public’s input on a proposal to have all federally-regulated financial...
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