https://www.youtube.com/watch?v=ucFAU3P8XaQ
As more central banks around the world consider options for issuing digital currency, the Bank of Canada is also making its own preparations for a possible f

https://globalnews.ca/video/7640978/canada-looking-to-create-digital-consumer-currency/
Canada looking to create digital consumer currency. February 14, 2021. As more central banks around the world consider options for issuing digital currency, the Bank of Canada is also making its

https://globalnews.ca/news/8401736/bank-of-canada-digital-currency-cd-howe/
Posted November 25, 2021 12:02 pm. 1 min read. 2:14 Bank of Canada should start issuing digital currency, experts say. Some technologists are telling the Bank of Canada that its wait-and-see

https://www.bankofcanada.ca/digitaldollar/
This new form of money would be issued by the Bank of Canada and provide benefits similar to cash: it would be safe, accessible to everyone and private. However, a Digital Dollar would not replace cash. Our responsibility is to provide Canadians with bank notes they can trust. We've done this for almost 90 years, and we're committed to

https://globalnews.ca/news/7962754/covid-digital-loonie-bank-of-canada/
According to Payments Canada, and data from the central bank, the use of cash has decreased dramatically during the pandemic for practical as well as safety-related reasons. China is the only

https://www.wtwco.com/en-ca/insights/2023/06/new-digital-asset-regulations-coming-to-canada
These include the requirement that all transactions of greater than $10,000 per day are tracked and submitted to the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), as well as 100% KYC ("know your client") compliance. This type of oversight is a prerequisite for most insurers to even consider writing a crypto-based risk.

https://www.cbc.ca/news/business/digital-dollar-central-bank-digital-currency-1.6841693
The Bank of Canada says a digital currency isn't needed nor is one being planned. But the central bank launched public consultations this week asking Canadians how they would use a digital loonie.

https://ncfacanada.org/canadian-government-begins-crypto-consultations-with-digital-asset-stakeholders/
Kitco | Ernest Hoffman | Nov 4, 2022 The Canadian government announced on Thursday that it has now begun consultations with stakeholders on digital assets - including cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). The announcement was part of the Federal government's fall economic update, which functions as a mid-year mini-budget for the Canadian

https://www.cbc.ca/radio/spark/if-we-build-the-metaverse-will-anybody-come-1.6312339/government-issued-digital-currency-could-be-the-coin-of-the-future-1.6312460
The Central Bank of Mexico is planning to launch a CBDC by the end of 2024. The Bank of Canada has also been conducting research into a CBDC Canadian dollar — essentially, a digital loonie that

https://www.canada.ca/en/financial-consumer-agency/services/payment/digital-currency.html
What are crypto assets. Crypto assets are digital (online) assets that create, verify and secure transactions using the following: cryptography, which is a method of securing data. a peer-to-peer network (a group of computers that store and share files) a "blockchain", also called a ledger system over the Internet to record transactions.

https://www.nerdwallet.com/ca/banking/cbdc-canada-central-bank-digital-currency
A CBDC is a digital currency issued by a country's official central bank. In Canada, a CBDC would be issued by the Bank of Canada. A Canadian CBDC would be a digital version of Canadian paper

https://www.bankofcanada.ca/digitaldollar/a-digital-canadian-dollar-what-we-heard-2020-23-and-what-comes-next/
What we did. Since 2020, we have engaged with Canadians and many stakeholders about the concept of a Digital Canadian Dollar. We gathered perspectives through: discussions with members of the financial sector. focus groups. discussions with civil society groups. an online public questionnaire open to all Canadians.

https://www.forbes.com/advisor/ca/investing/digital-currency/
Digital currency is any currency that's available exclusively in electronic form. Electronic versions of currency already predominate most countries' financial systems. In Canada, for instance

https://www.nerdwallet.com/ca/personal-finance/personal-finance-central-bank-digital-currency-canada
A central bank digital currency (CBDC) is a digital currency issued and regulated by a country's central bank. In Canada, a CBDC would be issued by the Bank of Canada. Like cash, it would be the

https://www.bankofcanada.ca/2019/04/the-road-to-digital-money/
Research is underway at the Bank of Canada, because exploring the idea of a central bank digital currency makes sense. In theory, it could provide the safety of cash, with the convenience of modern electronic payments. It could take many forms, but two broad approaches are. value-based—people transfer money from their bank account to a card

https://www.moneysense.ca/save/banking/central-bank-digital-currency-canada/
5 experts on what a CBDC could mean for Canada. We asked five experts to share their perspectives on a Canadian digital dollar. We've included their responses below—they touch on everything

https://www.reuters.com/business/finance/bank-canada-launches-public-consultations-digital-c-2023-05-08/
"As the world becomes increasingly digital, the Bank - like many other central banks - is exploring a digital version of Canada's national currency," the central bank said in a statement. The

https://globalnews.ca/news/10128978/bank-of-canada-survey-digital-loonie/
2:58 Canada looking to create digital consumer currency Conservative Leader Pierre Poilievre has vehemently opposed the creation of a digital currency, proposing last year to ban the Bank of

https://finance.yahoo.com/news/bank-canada-launches-public-consultations-171853698.html
Mon, May 8, 2023, 10:18 AM 2 min read. By Ismail Shakil. OTTAWA (Reuters) - The Bank of Canada (BoC) on Monday launched public consultations on the features that could be included in a digital

https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/compliance/digital-currency.html
Virtual currency is digital asset that can be used to buy and sell goods or services. Cryptocurrency is a blockchain-based, virtual currency. Bitcoins are an example of a cryptocurrency. However, there are thousands of other types. Cryptocurrencies are not controlled by central banks or any country, and they can be traded in a relatively

https://www.canadaforums.ca/2021/02/canada-looking-to-create-digital.html
Canada Forums .ca Read Canadian News and Write Your Comments. Sunday, February 14, 2021. Canada looking to create digital consumer currency Global News shows that as more central banks around the whole world consider options for issuing important digital currency, the Bank of Canada is also making its own preparations for a possible future with

https://www.reddit.com/r/chicannabis/comments/llbhjz/canada_looking_to_create_digital_consumer_currency/
Scan this QR code to download the app now. Or check it out in the app stores  

https://cbpn.currencyresearch.com/blog/2021/05/26/towards-a-digital-canadian-dollar-if,-how,-when
Recognizing this, the Bank started looking at the digitization of money almost a decade ago to prepare for a day when the Government of Canada may take a decision to issue a CBDC. Up until last year, the Bank's main research was truly about "thinking ahead.". We considered hypotheticals like what a future digital currency might look like