A digital Canadian dollar should imitate traditional banknotes in terms of availability and accessibility, according to staff from the country's central bank, the Bank of Canada.
In an analytical note on June 30, experts from the Bank of Canada revealed some of the goals for its central bank digital currency (CBDC). Analytical notes are a product of staff and analysts at the bank, separate from the Governing Council, so they do not necessarily represent the opinion of the bank itself.