Ukraine crisis accelerating rise of Central Bank Digital Currencies

Kit Knightly A joint project between the Central Bank of Canada and the Massachusetts Institute of Technology will be researching the possibility of an entirely digital Canadian dollar, it was announced yesterday. The digital dollar would be a state-issued cryptocurrency, or “central bank digital currency” (CBDC). (For more detail on CBDCs and how they work, … Continue reading Ukraine crisis accelerating rise of Central Bank Digital Currencies