Pros and Cons of Canada’s Digital Currency Policy – Bitcoints

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Published on November 21st, 2015 | by bitcoin

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Pros and Cons of Canada’s Digital Currency Policy

Pros and Cons of Canada’s Digital Currency PolicyCarolyn Wilkins, senior deputy governor of the Bank of Canada recently warned banks about the effect that cryptocurrencies like Bitcoin can bring to the monetary policy.
This would create a new dynamic in the global monetary order, one in which central banks would struggle to implement monetary policy.




We have reached out to a number of experts in Canada to learn what they think about emerging financial policy, Blockchain technology rise and latest Carolyn Wilkins speech.
Carolyn Wilkins has pointed out once again that banks are worried of having difficulties to implement monetary policy while emerging technologies gain traction and popularity.
The Royal Canadian Mint has even announced the MintChip digital currency project and run an employee trial in 2014.

Source: Cointelegraph.com

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