News

Bank of Canada Redirects Efforts Away From Retail CBDC

Bank of Canada Redirects Efforts Away From Retail CBDC



The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments system research and policy development. This decision follows a public consultation in 2023, which revealed significant privacy concerns among Canadians. While the central bank remains open to revisiting the idea of […]



Source: https://news.bitcoin.com/bank-of-canada-redirects-efforts-away-from-retail-cbdc/

Leave a Reply

Your email address will not be published. Required fields are marked *