Some technologists are telling the Bank of Canada (BoC) that its wait-and-see approach when it comes to issuing digital currencies runs the risk of leaving it behind in the race to innovate globally. Although its Governor Tiff Macklem said in April that the pandemic has accelerated the digital economy and “the case for a digital currency becomes more compelling,” the central bank says it has no immediate plans to launch a digital loonie. (Global News)

Classified as: McGill experts, Katrin Tinn, Desautels Faculty of Management, cryptocurrency, Digital Currency, Bank of Canada
Category:
Published on: 23 Jun 2021
Back to top