Respondents to Bank of Canada questionnaire largely oppose creating a digital loonie ...Middle East

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OTTAWA – The Bank of Canada’s public consultations on the creation of a digital Canadian dollar reveal most respondents are opposed to it. The central bank released its findings Wednesday that show more than 80 per cent of respondents strongly opposed the Bank of Canada researching and building the capability to issue a digital dollar. The vast majority of respondents also said they do not trust the Bank of Canada to issue a secure digital currency. Among the top concerns was privacy, while the questionnaire also revealed low levels of trust in institutions to protect personal data. The Bank of Canada noted the findings do not necessarily reflect the views of the overa

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