Mark Carney, Canada's new Prime Minister has been critical of Bitcoin, citing its volatility and inefficiencies, but supports ...

Mark Carney was governor of Canada’s central bank from 2008 to 2013 and the Bank of England’s boss from 2013 to 2020. Carney has mixed views on crypto but believes that CBDCs offer consumers ...

However, this scenario is unlikely to occur in Canada. The caveats around the potential monetary policy benefits of a CBDC stem from knowledge gaps and implementation challenges. These include: ...

Designing and building a contingent CBDC system for Canada is a challenging enterprise. While there is no commitment to issuing a CBDC, the Bank could achieve a contingent state of readiness. This ...

Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered governments through major global crises and periods of upheaval – ...

Canada’s new Liberal prime minister has previously criticized cryptocurrencies like Bitcoin and private stablecoins.

Russian banks have requested that the digital ruble leverage smart contracts. The U.S. has officially banned the development ...

This report provides an overview of the current state of CBDCs, first looking at the whole digital currencies market and the motivations for CBDC development. It discusses the distinction between ...

Introduction Digital currencies started bringing sweeping reforms to the financial market, with CBDCs also being a leading theme that got into the spotlight. Wh ...

Prime minister-designate Mark Carney’s team has approached former Quebec premier Jean Charest to offer him a role, Radio-Canada is reporting.