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Plans for Canadian digital currency remain on hold

Katrin Tinn
Published: 21 January 2022

With digital currencies like Bitcoin gaining traction in the e-commerce space, banks are considering the challenge of integrating digital and paper currencies while protecting user privacy. Although the Bank of Canada has no immediate plans to implement a government-backed digital currency, Professor Katrin Tinn wouldn't rule out a shift to cryptocurrency in the future.

 

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