Digital Loonie
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Digital loonie? Bank of Canada survey results find most opposedThe Bank of Canada's public consultations on the creation of a digital Canadian dollar reveal most respondents are opposed to it. Here's why.EconomyNov 29, 2023
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Digital loonie? Bank of Canada wants your thoughts on potential new currencyThe Bank of Canada has launched an online public consultation on the features that could be included in a digital loonie, but also reiterated cash isn't going anywhere.EconomyMay 8, 2023
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Federal documents warn of sweeping implications if ‘digital loonie’ adoptedThe Bank of Canada has spent years looking at whether to introduce a digital currency, but so far hasn't seen an immediate need to issue one.CanadaJan 3, 2022
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Bitcoin’s rising popularity puts pressure on central banks to issue digital currencyBitcoin has shifted from the fringes of finance towards embrace by major investors, companies and even cities.MoneyFeb 15, 2021
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Recent bitcoin rally is ‘speculative mania,’ Bank of Canada warnsThe recent spike in cryptocurrencies like bitcoin looks less like a trend and more like a speculative mania, Bank of Canada deputy governor Timothy Lane said.EconomyFeb 10, 2021
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