Bank of Canada

  • Governor of the Bank of Canada: G20 member countries should not provide “regulatory approval seal” for Bitcoin and cryptocurrency

    It is reported that the Governor of the Bank of Canada said that G20 member countries should not provide “regulatory approval seals” for Bitcoin and cryptocurrency. Interpretation of this information: The Governor of the Bank of Canada has urged G20 member countries to resist offering “regulatory approval seals” for cryptocurrency, including Bitcoin. The statement came as global regulators gathered for the G20 summit in Buenos Aires, Argentina. The Governor expressed his concerns about the lack of regulation for cryptocurrencies and suggested that offering regulatory approval could lead to more people…

    02/27/2023
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