The Bank of Canada did something unusual recently: it took to Twitter to set the record straight on its approach to cryptocurrencies, bypassing traditional media and its own website.
At issue was a story by The Logic, a digital publication that covers Canada’s technology industry. Reporter Zane Schwartz wrote that a year-old presentation on digital currencies that he had obtained via Canada’s Access to Information Act showed that “the Bank of Canada is considering launching a digital currency that would help it combat the ‘direct threat’ of cryptocurrencies and collect more information on how people spend their money.”
Not exactly, the Bank of Canada said in response.
Continue reading at CIGIonline.org ...