Canadian dollar to stay at core of financial system, not crypto -BoC

OTTAWA, April 25 (Reuters) – The Canadian dollar will remain at the center of the country’s financial system, the central bank chief said on Monday, responding to questions about a Conservative leadership candidate’s pledge to make the country the blockchain capital of the world.”There are promising benefits from innovation in the financial sector. Having said that, we certainly expect the Canadian dollar will remain at the center of the Canadian financial system,” Bank of Canada Governor Tiff Macklem said in testimony before a committee of the House of Commons.The Bank of Canada is currently working on its own central …
Read more…….