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Published at MOTHERBOARD.
Canada’s central bank, the Bank of Canada, has dabbled in cryptocurrencies. The bank ran a pilot using an in-house digital currency to conduct interbank transactions on a blockchain in 2016, snubbing the existing bitcoin currency. However, a recent staff paper proposed ways to regulate bitcoin.
“Our objective is to learn and actively participate in promising change initiatives in our industry,” a National Bank of Canada spokesperson wrote Motherboard in an emailed statement.