Bank of Canada

CBDCs’ Relevance Questioned After Canada Casts Skepticism
CBDCs’ Relevance Questioned After Canada Casts Skepticism
August 11, 2023  |  CBDC

It’s a widely reported data point that 93% of central banks are in at least some stage of deploying — or at least exploring —...

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Today in FinTech: Changes Coming to WeChat Pay; Binance Seeks Brazilian Bank; Monite Automates SME AP
Today in FinTech: Changes Coming to WeChat Pay; Binance Seeks Brazilian Bank; Monite Automates SME...
March 20, 2022  |  Regulation

In today’s FinTech news, Tencent could be faced with spinning WeChat Pay into its payments subsidiary, while crypto exchange Binance looks to acquire a bank...

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Bank of Canada Exploring CBDC Design with MIT
Bank of Canada Exploring CBDC Design with MIT
March 18, 2022  |  CBDC

The Bank of Canada is teaming up with the Massachusetts Institute of Technology (MIT) on a 12-month research project that’s focused on the design of...

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Canada Has a Contingency Plan for a CBDC, but May Not Use It Yet
Canada Has a Contingency Plan for a CBDC, but May Not Use It Yet
February 14, 2022  |  CBDC

The introduction of Libra, Facebook’s attempt at digital currency in 2019, energized digital asset proponents who said the new technology would transform the banking landscape...

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Payments Canada Selects Interac For Real-Time Rail Exchange Services
Payments Canada Selects Interac For Real-Time Rail Exchange Services
March 02, 2021  |  Faster Payments

Following a selection process that included the Bank of Canada, Payments Canada will partner with Interac Corp. to serve as the exchange solution provider for...

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Today In Payments Around The World: Visa Debuts Europe FinTech Partnership Program; Payments Canada Teams With Mastercard’s Vocalink 
Today In Payments Around The World: Visa Debuts Europe FinTech Partnership Program; Payments Canada Teams...
November 12, 2020  |  International

In today’s top payments news around the world, Visa is rolling out a new program meant to link European financial institutions (FIs) and merchants with...

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Bitcoin Daily: Bank Of Canada Chief Says Digital Currency Needs Global Approach; Ripple Eyes Blockchain Firm MoneyTap
Bitcoin Daily: Bank Of Canada Chief Says Digital Currency Needs Global Approach; Ripple Eyes Blockchain...
October 29, 2020  |  Bitcoin

The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters....

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After Summer Rebound, Canadian Businesses Brace For Harsh Winter
After Summer Rebound, Canadian Businesses Brace For Harsh Winter
October 19, 2020  |  Economy

Canada’s economy has rebounded from the depths of the coronavirus-triggered downturn over the summer but still remains stuck in negative territory, a new Bank of...

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Bitcoin Daily: SEC Alleges John McAfee Fraudulently Promoted ICOs; Bank of Canada: CBDC Would Present Security Risks; Fraudsters Capitalize On Crypto’s Finality
Bitcoin Daily: SEC Alleges John McAfee Fraudulently Promoted ICOs; Bank of Canada: CBDC Would Present...
October 05, 2020  |  Bitcoin

The U.S. Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that...

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