Similar Stories to Canadians Feel Well Served By Current Means Of Payment, Says Bank Of Canada On Topic Of Digital Dollar on Bing News

The Bank of Canada is looking at the possible adoption of a digital dollar and has found that most participants say they feel well served by current means of payment. The Canadian central bank has been exploring a digital form of payment, known as a central bank digital currency (CBDC), over the last few years. This has included research into payment preferences in the area, with a new study published on October 28 titled ‘the consumer value proposition for a hypothetical digital Canadian dollar.’ While there has been rapid digitalization in many industries, the bank has found that while interest exists in a hypothetical digital currency, this does not necessarily translate into adoption. “Most participants felt well served by current means of payment.

BING NEWS:
  • Canadians Reluctant to Adopt Digital Dollar: Bank of Canada Reports
    The Bank of Canada reports Canadians’ mixed feelings on a digital dollar, with a preference for cash and cards due to trust and familiarity.
    10/29/2024 - 4:45 am | View Link
  • Canadians feel well served by current means of payment, says Bank of Canada on topic of digital dollar
    The Bank of Canada is looking at a possible adoption of a digital dollar and finds most people say they feel well served by current means of payment.
    10/29/2024 - 1:38 am | View Link
  • How Canadians pay for things
    As the central bank and sole issuer of bank notes in Canada, the Bank of Canada needs to stay on top of payment trends ... The situation is by no means unique to Canada—several other countries have ...
    10/23/2024 - 1:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News