The Bank of Canada should issue a digital currency: C.D. Howe Institute

The Bank of Canada should issue a digital currency: C.D. Howe Institute

The Bank of Canada should issue a digital currency: C.D. Howe Institute - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. As cryptocurrencies grow in popularity, the C.D. Howe Institute says the Bank of Canada should issue a digital dollar to take advantage of advances in payments technology. The think tank says the digital currency should be a stablecoin, in a new report. Unlike other cryptocurrencies like bitcoin, stablecoins are linked to fiat currency or conventional assets. In this case, the digital currency would be linked to the Canadian dollar and could be converted to cash. "Having the Bank of Canada issue digital Canadian …
More on: ca.finance.yahoo.com