CALGARY - The Bank of Canada is considering the merits of establishing a digital currency as interest in cryptocurrencies like Bitcoin reaches a fevered pitch. In a white paper, the central Bank says there are merits to creating a central Bank digital currency as society starts to move away from cash, and the bank's potential to reap profits off issuing that cash could be threatened. The Bank says that a digital currency could become an alternative ...
12-01-2017, 01:51 AM
Bank of Canada looking into digital currency
CALGARY - The Bank of Canada is considering the merits of establishing a digital currency as interest in cryptocurrencies like Bitcoin reaches a fevered pitch. In a white paper, the central Bank says there are merits to creating a central Bank digital currency as society starts to move away from cash, and the bank's potential to reap profits off issuing that cash could be threatened. The Bank says that a digital currency could become an alternative ...
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