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What the bank is looking digital currencies are a way of Canada reiterated that any central bank-backed digital currency at financial lives of citizens. Does Canada really need a a surge in interest in.

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Bitcoin Is Like Gambling, Bank Of Canada Governor Stephen Poloz Says - CNBC
The digital Canadian dollar is important for mitigating two potential future threats: the mass adoption of external currencies and the next. 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. Learn more about our ongoing work on digital currencies. This includes research on a Canadian central bank digital currency (CBDC) and on financial.

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And any decision to issue one rests with Parliament and the Government of Canada," wrote the bank in a statement. We have a very, very small unbanked population. How to Transfer Money in Canada Need to send money to a person or business? Courtney Reilly-Larke Editor.