
Canada
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...
Hut 8 shuts down Alberta site amid surging power costs
Hut 8 cited rising electricity costs and constant power disruptions as reasons for the closure, relocating its rigs to another...
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
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
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
Italy, as the new G7 president, prioritizes AI regulation for industry innovation, with Prime Minister Giorgia Meloni planning a dedicated...
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