Bank of Canada


Markets

Bank of Canada Begins G-7 Monetary Easing Cycle, Trimming Benchmark Rate 25 Basis Points

Bitcoin prices could receive a tailwind from lower interest rates in developed economies.

Canada's regulatory situation is both clear and more conservative than in the U.S. (Sebastiaan Stam/Unsplash)

Videos

New Home Sales Decline Amid Soaring Interest Rates; US Voters Want More Crypto Regulation

The modest crypto rally continued Wednesday after the Bank of Canada surprised investors with a smaller-than-expected interest rate hike and new home sales in the U.S. continued to weaken. New poll results released Wednesday indicate a majority of voters surveyed want the crypto industry to be more regulated.

Recent Videos

Policy

Canada Needs a Loonie-Linked Digital Currency, Policy Experts Say

Policy think tank C.D. Howe Institute sees Canadian-dollar-linked stablecoins, issued by the Bank of Canada, becoming attractive to Canadians by making them convertible into cash.

(Kevin Miller/Stockbyte/Getty Images)

Policy

Bank of Canada Governor Says Digital Dollar Project Moving Past Trial Stage

Tiff Macklem said Canada's digital dollar initiative is progressing past the experimental phase and the G7 needs to coordinate on digital currencies.

Governor of the Bank of Canada Tiff Macklem (center) at a G-7 Ministerial Meeting at the US Treasury April 11, 2008 in Washington, DC.

Policy

Wanted: Economist for Digital Currencies, Fintech as Bank of Canada Studies a Possible CBDC

The move comes as the central bank continues to research how a central bank digital currency would work as well as the possible risks.

bank of canada

Policy

Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals

The Bank of Canada is preparing to design its own central bank digital currency (CBDC), detailing its plans in a new job posting.

Bank of Canada

Policy

Bank of Canada Won't Issue Its Own Crypto Unless Libra Succeeds: Deputy Governor

The Bank of Canada does not see the need to create a central bank digital currency unless a competitor – like Libra – starts dethroning the existing fiat.

Bank of Canada Deputy Governor Timothy Lane said the central bank won't issue a central bank digital currency unless a private competitor takes off. (Image via YouTube)

Policy

Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat

Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains.

Sveriges Riksbank is trying R3's Corda blockchain just to learn about the tech. "We need to get our hands dirty," explains Björn Segendorf, a senior advisor in the Swedish central bank's payments department. (Photo by Anna Baydakova for CoinDesk)

Markets

6 Central Banks Form Digital Currency Use Case Working Group

The working group will pool research into CBDCs.

Bank for International Settlements. Basel, Switzerland.

Markets

Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.

Bank of Canada

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