Bank of Canada mulling ‘potential merits’ of issuing e-money
Stephen Poloz puts his signature on newly printed Canadian money. Could he one day also put his digital signature on Bank of Canada e-cash? The central bank said Thursday it’s exploring the “potential merits” of getting into the e-money business amid worries that bitcoin and other unregulated digital currencies could eventually hamper its ability to conduct monetary policy and undermine the financial system.
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