Bank of Canada may Issue a National Digital Currency Soon

Central banks all over the world are legitimately worried about cryptocurrencies. This new form of money can’t be regulated nor controlled. Countering this new hype will be difficult unless banks get on board with the program. Bank of Canada thinks now is a good time to research their own digital currency. Although the name remains unknown, they are not the first financial institution to contemplate such an approach.Central bank digital currencies are a very unusual development in the fina