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Coinpedia
2022-11-04 09:43:16

The Canadian Federal Government Set to Launch Stablecoins and CBDC

The Canadian Federal Government Set to Launch Stablecoins and CBDC

The post The Canadian Federal Government Set to Launch Stablecoins and CBDC appeared first on Coinpedia Fintech News The rise of cryptocurrencies has significantly threatened global governments worldwide, and Canada is no exception. As a measure to keep control, international governments are working on digitizing their respective currencies through Central Bank Digital Currency (CBDC). According to Canada’s Fall Economic Statement 2022, consultations with relevant stakeholders on CBDC have already begun. As such, market …

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