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A digital representation of a Canadian dollar with cash background.
Bank of Canada

Canadian Consumers Show Doubts Over Digital Dollar Adoption

A recent survey reveals Canadian consumers' skepticism towards early adoption of the Bank of Canada's digital dollar, highlighting a preference for cash and card payments. Despite some support, con...

CanadaCanadian regulators discussing cryptocurrency compliance extension.

Canadian Securities Regulators Extend Crypto Platforms Compliance Deadline

Canadian securities regulators have pushed back the compliance deadline for cryptocurrency trading platforms to the end of 2024, allowing more time for exchanges to meet regulatory standards or sug...

Bank of CanadaBank of Canada shifts focus from retail CBDC development to payments research.

Canada Moves Away from Retail CBDC Development Amid Changing Focus

The Bank of Canada has decided to scale down its retail CBDC development, redirecting efforts toward broader payment system research. While shelving the digital dollar for now, the bank remains ope...