Bank of Canada seeks public input on digital currency plans.

1 min read
Source: Engadget
Bank of Canada seeks public input on digital currency plans.
Photo: Engadget
TL;DR Summary

The Bank of Canada is seeking public feedback on the potential launch of a national digital currency, citing the diminishing use of cash and potential competition with cryptocurrencies as reasons to prepare for the potential shift. The bank emphasized that even if it eventually launched a national digital currency, it would still issue bank notes for anyone who wants them. The survey is a standard online questionnaire about how Canadians would likely use digital currency, which security features are essential, and their concerns about accessibility and privacy.

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