Bank of Canada Keeping ‘Close Eye’ on Digital Currencies

By November 14, 2014Bitcoin Entertainment

Bank of Canada Shutterstock The Bank of Canada is "keeping a close eye" on risks posed by new forms of electronic money, according to a new statement released Thursday.

The statement is based on remarks made by the bank’s senior deputy governor Carolyn Wilkins at a university event in Waterloo, Ontario.

During the event Wilkins discussed two different types of electronic money: those denominated in national currencies and backed by their issuer and cryptocurrencies with no issuer, […]

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