Learn more about three areas of our ongoing work on digital currencies and financial technology (fintech) and subscribe to our email alert.
Understanding the benefits and risks of digital currencies and electronic payments is important. That’s because they could affect our core central bank functions.
For the past few years, we have researched private and central bank digital currencies. More recently, we’ve been studying other uses of distributed ledger technology.
Experiments and Projects
With many possible applications of distributed ledger technology, we need to look at a range of questions. Test cases involving authorities and the private sector can help deepen our understanding.
The Bank works with academics and the private sector to build and test this technology.
Collaboration on the regulatory agenda
Managing the benefits and risks of fintech through a global regulatory framework is essential.
The Bank of Canada contributes to this agenda through the Financial Stability Board, the International Monetary Fund, the Committee on Payments and Market Infrastructures, and the Basel Committee on Banking Supervision.