Latest News and Articles about Bank of Canada
Bank of Canada Slashes Rates to 2.25%: Economic Woes Fuel Bitcoin Appeal
Bank of Canada Cuts Key Interest Rate to 2.25%: Economic Struggles and the Crypto Connection Canada’s economy is on thin ice, and the Bank of Canada (BoC) has slashed its benchmark interest rate by 25 basis points to 2.25%—the lowest since July 2022—in a bold move to keep things from cracking. This second consecutive cut […]
Read MoreCanada’s Privacy-First Digital Dollar: Can It Rival Bitcoin’s Freedom?
Bank of Canada’s Privacy-First Digital Dollar: A Bold Experiment with MIT, But Can It Match Bitcoin’s Edge? The Bank of Canada, teaming up with MIT’s Digital Currency Initiative, is forging ahead with a digital Canadian dollar that prioritizes privacy in a way that could shake up the central bank digital currency (CBDC) game. With surveillance […]
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