Bank of Canada sees no strong case for a digital dollar — For now

Cointelegraph

Published May 27, 2021 04:49AM ET

Updated May 27, 2021 02:40PM ET

The Bank of Canada does not see a strong reason for issuing a central bank digital currency at the moment.

Timothy Lane, the Bank of Canada’s deputy governor and head of research at the bank’s fintech and crypto department, spoke on CBDC issues at a Wednesday panel, Reuters reports.

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