Bank of Canada News

A Bank of Canada staff paper found Aave V3 avoided bad debt in 2024, but said the model pushed losses onto borrowers during liquidations.

Deloitte plans to integrate a Canadian dollar stablecoin into institutional payment systems as Ottawa advances rules for fiat-backed digital assets.

The crypto industry has seen a number of regulatory changes over the past year, with the Canadian government taking a risk-management, rules-first approach.

A pilot involving the central bank and major financial institutions tested whether distributed ledger infrastructure could streamline bond issuance, trading and settlement.

The Canadian self-regulatory organization outlined custody limits, capital thresholds and reporting rules while long-term regulation remains in progress.

Canada’s central bank will approve only fiat-backed, high-quality stablecoins to ensure they are “good money” as part of the country’s plan to modernize its financial system.

Japan’s stimulus package has shaken global markets, including Bitcoin, while the UK cracks down on Russian money laundering and sanctions evasion with crypto.

Canada’s government unveiled a plan to regulate stablecoins, requiring fiat-backed issuers to maintain sufficient reserves and adopt robust risk management measures.

Canada eyes new stablecoin rules in upcoming budget, aiming to modernize payments and follow the US GENIUS Act’s regulatory example.

Ron Morrow, head of payments at Canada’s central bank, called on regulators to pass a framework for stablecoins or be left behind.

Canada’s new prime minister, Mark Carney, once said recreating a virtual global gold standard like Bitcoin “would be a criminal act of monetary amnesia.”

The M2 money supply is an economic measure of the total amount of a sovereign nation's fiat currency currently circulating worldwide.

The Bank of Canada’s research revealed mixed views on a digital Canadian dollar and highlighted Canadians’ enduring trust in cash and card payments.

Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short term.

Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.