The federal government of Canada is getting ready to start a discussion on Central Bank Digital Currencies (CBDCs), crypto, and stablecoins in its latest budget. In addition to its annual budget, the government’s 2022 Fall Economic Statement, presented on November 3 by Deputy Prime Minister Chrystia Freeland, serves as a financial update. The government’s plans for cryptocurrencies were described in a brief portion of the announcement titled “Addressing the Digitalization of Money.” Budget Describes Digitization of Money According to the report, the regulation of the nation’s financial system “needs to keep pace” with how cryptocurrencies are growing and how money The post Canada Announces Crypto, Stablecoin Discussion in New Budget Proposal appeared first on Cryptoknowmics-Crypto News and Media Platform.
