Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada
A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Qivalis receives EMI authorization from Dutch central bank for euro stablecoin
Qivalis said the EMI authorization enables it to launch a euro-denominated stablecoin, with issuance planned for the coming months...
Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action
The exchange, which has over 18 million customers, is said to have handled business transactions involving restricted offshore gam...
Kraken Parent Company Payward to Buy Saldo Bank in European Banking Push
Bitcoin Magazine Kraken Parent Company Payward to Buy Saldo Bank in European Banking Push Payward, the parent company of crypto ex...
Russia Adds Sberbank to Crypto Exchange Register, Joining 9 Firms Before Dec. 1 Launch
Key Takeaways: The Central Bank of Russia has granted Sberbank permission to provide cryptocurrency exchange. Nine companies were...
Sberbank Lands on Both of Russia’s Crypto Registers With Bank of Russia Exchange Listing
Sberbank can now run crypto exchange services in Russia. The Bank of Russia put the bank on its register of crypto exchange operat...
Now Accepting Bitcoin: Moonflower Coffee and 300+ Colorado Bitcoin Merchants
Bitcoin Magazine Now Accepting Bitcoin: Moonflower Coffee and 300+ Colorado Bitcoin Merchants Table of ContentsFirst Up: Moonflowe...