The central bank of Canada is considering launching a sovereign digital currency that would eventually replace cash and combat the “direct threat” cryptocurrencies pose to monetary controls, The Logic reported. The plan bears a striking similarity to that of the People’s Bank of China (PBOC), who in August said it was preparing to launch a […]The post Central bank of Canada considering launch of its own digital currency to enforce KYC and monetary controls appeared first on CryptoSlate.
