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Bank Of Canada Considering Creating Cryptocurrency
Summary: In an attempt to combat the looming threat of cryptocurrencies and obtain more information on how people spend their money, the Bank of Canada is considering launching their own virtual currency. In a presentation prepared for Governor Stephen Poloz the bank outlined their plans for the coin. The current plan for the token would be ...
In an attempt to combat the looming threat of cryptocurrencies and obtain more information on how people spend their money, the Bank of Canada is considering launching their own virtual currency.
In a presentation prepared for Governor Stephen Poloz the bank outlined their plans for the coin. The current plan for the token would be making the digital currency widely available. This coin would start off coexisting with their fiat currency, then eventually replace it.
By Ramsey Baker
Tags: bank of canada,Canada,Cryptocurrency
Link: Bank Of Canada Considering Creating Cryptocurrency [Copy]
