Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

September 23, 2024 Leave a Comment

Canada is shifting its focus away from a retail central bank digital currency after years of research, its central bank announced last week.

Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author:

Largest US crypto exchange says cost of recent cyber-attack could reach $400m May 15, 2025
Hackers paid overseas Coinbase employees for account data; company is offering $20m reward for informationThe biggest cryptocurrency exchange in the US forecast that a cyber-attack that breached account data of a “small subset” of its customers would cost it between $180m and $400m. Coinbase said that price tag would not include the $20m ransom demanded […]
The Guardian view on Trump’s conflicts of interest: the shadow of kleptocracy | Editorial May 14, 2025
The dissolution of boundaries between the president’s official and commercial business is a leading symptom of democracy in crisisDonald Trump’s tour of Gulf nations this week is notionally state business. The president has discussed trade, investment and defence. But the boundary between statecraft and self-aggrandisement is blurred. To honour the US president, the government of […]
Trump’s cryptocurrency endeavor caps a political career filled with conflicts of interest May 14, 2025
Trump’s foray into cryptocurrency involves him leveraging his presidency for personal gain and operating in an industry he has power overThe 220 winners of a cryptocurrency contest were told on Monday to look out for an email featuring “the most exclusive invitation in the world”. As a reward for spending immense amounts of money, in […]
Trump cabinet member’s links to El Salvador crypto firm under scrutiny May 14, 2025
Commerce chief Howard Lutnick’s firm backed controversial crypto giant Tether as Bukele ties deepenedTrump administration’s commerce secretary, Howard Lutnick, and his family have had extensive business interests linked to El Salvador, whose authoritarian leader Nayib Bukele has grown close to the White House and who has courted controversy by imprisoning people deported from the US […]
Top buyers of Trump-sponsored crypto win exclusive dinner with president May 13, 2025
Contest for $TRUMP meme coin has prompted accusations of president boosting family business and foreign influenceOn Monday, the top 220 buyers of a Donald Trump-sponsored cryptocurrency won access to an exclusive dinner with the president as a reward for pouring money into the coin. It was the culmination of Trump’s weekslong promotion of the contest, […]

Leave a ReplyCancel reply

Google Unveils ‘A.I. Mode’ Chatbot, Signaling a New Era for Search May 20, 2025
The tech giant is taking its next big step in artificial intelligence by adding interactive capabilities to its flagship product.
Fortnite’s Darth Vader Is A.I.-Powered. Voice Actors Are Rebelling. May 20, 2025
The actors’ union that began striking against video game companies last summer has filed an unfair labor practice charge against Epic Games, the creator of Fortnite.
Elon Musk Plans ‘a Lot Less’ Spending as He Edges Away From Politics May 20, 2025
He spent hundreds of millions to elect President Trump. But now he’s less visible in Washington, says he’ll spend less on future elections and is even posting less about Mr. Trump on social media.
Trump’s Gulf Trip Also Brought Benefits to Elon Musk May 20, 2025
The world’s richest man inked new deals as he tagged along on President Trump’s tour of the Gulf.
G.M. Stops Exporting Cars to China May 19, 2025
The decision affects relatively few vehicles because the vast majority that General Motors sells there are made in that country.
Peter Lax, Pre-eminent Cold War Mathematician, Dies at 99 May 19, 2025
As the computer age dawned, he saw how the new technology could be harnessed to mathematics to solve problems in everything from designing weapons to predicting the weather.
Nine Federally Funded Scientific Breakthroughs That Changed Everything May 19, 2025
The U.S. is slashing funding for scientific research, after decades of deep investment. Here’s some of what those taxpayer dollars created.
How Miami Schools Are Leading 100,000 Students Into the A.I. Future May 19, 2025
After initially banning artificial intelligence chatbots, schools are embracing the tools. Miami, the third-largest U.S. school district, shows how.
How to Travel Without a Phone May 19, 2025
Leaving your device at home might seem daunting, but it can result in a deeper connection to a place and more authentic interactions with locals.
Apple’s Alibaba A.I. Deal Provokes Washington’s Resistance May 17, 2025
The Trump administration and congressional officials have raised concerns about a deal to put a Chinese company’s artificial intelligence on iPhones.
Grok Chatbot’s ‘White Genocide’ Responses Blamed on xAI Employee May 16, 2025
Grok, the chatbot operated by Elon Musk’s artificial intelligence company, was providing the responses about South Africa to unrelated questions.
OpenAI Unveils Codex, a New Tool for Computer Programmers May 16, 2025
The tool, Codex, will be able to handle multiple tasks at the same time, the company said. OpenAI is also in talks to acquire a coding tool called Windsurf for $3 billion.
Data Centers’ Hunger for Energy Could Raise All Electric Bills May 16, 2025
Individuals and small businesses may end up bearing some of the cost of grid upgrades needed for large electricity users, a new report found.
Why We’re Unlikely to Get Artificial General Intelligence Anytime Soon May 16, 2025
The titans of the tech industry say artificial intelligence will soon match the powers of humans’ brains. Are they underestimating us?
Ed Helms Answers Your Hard Questions May 16, 2025
A star of “The Office” comes to our office to answer your most pressing questions about tech.
Colorado Air Traffic Controllers Lost Contact With Some Airplanes Monday May 15, 2025
Controllers switched frequencies and planes were “safely separated,” officials said. The 90-second outage on Monday followed communications problems at Newark’s airport.
Does Meta Have a Social Media Monopoly? Here’s What the U.S. Has Argued. May 15, 2025
The government showed hundreds of internal documents as it sought to prove that the social media company bought Instagram and WhatsApp to neutralize a threat.
S.E.C. Investigating Whether Coinbase Misstated Its User Numbers May 15, 2025
The inquiry continued even after the commission dropped a lawsuit accusing Coinbase of illegally marketing digital currencies to the public.
Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford May 15, 2025
A House Republican bill introduced this week would do away with tax credits that had encouraged Americans to buy electric vehicles and automakers to invest in new factories.
College Professors Are Using ChatGPT. Some Students Aren’t Happy. May 15, 2025
Students call it hypocritical. A senior at Northeastern University demanded her tuition back. But instructors say generative A.I. tools make them better at their jobs.

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

Like this:

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a ReplyCancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories

Share this:

Like this:

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a ReplyCancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories