Bank of Canada

Bank of Canada: Digital Currencies Need Regulation to Succeed

Researchers from Canada's central bank argue that private digital currencies like bitcoin won't succeed without some kind of government involvement.

By Garrett KeirnsFeb 17, 2017

Canada's central bank discusses new takeaways from six months of distributed ledger experimentation.

The Bank of Canada has published a new staff working paper on the valuation of digital currencies like bitcoin.

By Stan HigginsAug 31, 2016

Bank of Canada's Carolyn Wilkins explains how distributed ledgers could solve old problems while creating new challenges in the financial sector.

Central banks would "struggle" to implement monetary policy if digital currencies become more widely used, according to a Bank of Canada official.

By Stan HigginsNov 16, 2015

The Bank of Canada says it's “keeping a close eye” on risks posed by new forms of electronic money.

A new working paper from the Bank of Canada suggests that arbitrage opportunities don't exist in the cryptocurrency markets.

By Joon Ian WongAug 13, 2014

A new report from Bank of Canada takes a critical view of how bitcoin adoption could affect global commerce.

By Pete RizzoMay 13, 2014

The Bank of Canada is not very concerned by the advent of bitcoin and digital currencies in general.

The country only recognizes Canadian bank notes and coins, according to a Department of Finance email statement.

By Jon SouthurstJan 17, 2014

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