Feb 10 (Reuters) - The COVID-19 pandemic has added urgency to the Bank of Canada's development of a digital currency and decision could come sooner than previously thought, a senior policymaker said ...

The Bank of Canada wants the public’s opinions on a potential digital Canadian dollar. Although the country’s central bank says a national digital currency isn’t yet needed, it wants to remain ...

The Bank of Canada is reportedly halting its plans to roll-out a central bank digital currency (CBDC) to the nation’s businesses and consumers. A digital economy supported by innovations like central ...

The growing popularity and widespread adoption of cryptocurrencies and digital payment systems, along with CBDCs, has led to a global conversation about the future of money. Canada is also looking ...

What Does Central Bank Digital Currency Mean? A Central Bank Digital Currency is a digital form of a country's fiat currency issued by its central bank. Unlike cryptocurrencies, CBDCs are centralized ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Digital currency has the potential to ...