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Doubtful Inflows are positive to all BOC funds so that would be net buying pressure. More likely is profit taking ona sell the news event like spot approval.
A BOC study last year found 62% of Canadians still used cash for payments
tldr; The Bank of Canada (BOC) reported a decline in Bitcoin and cryptocurrency ownership in the country due to unfavorable market conditions and regulations. The annual Bitcoin Omnibus Survey conducted by the BOC showed a decrease in Bitcoin ownership to 9% by August 2022, although it slightly increased to 10% by the end of the year. The report also revealed that Canadians were primarily motivated by investment when it came to Bitcoin. Dogecoin was the most sought-after altcoin investment, followed by Ether, Bitcoin Cash, and Litecoin. The BOC stated that the research is relevant for monitoring the conditions that could warrant the issuance of a central bank digital currency. The decline in crypto ownership was attributed to ecosystem collapses, regulatory hurdles, and price depreciation. However, with regulatory clarity and a stable market, crypto ownership in Canada is expected to increase. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Upcoming news for the week: Wednesday: US CPI (0.3% MoM expected) BOC interest rate decision Thursday: US PPI Jobless claims ECB minutes OPEC report GDP UK Friday Michigan consumer sentiment (A repost from the great u/tarkovredditor. Thanks for the info.)
Macro schedule for the week ahead Chinese inflation rate in 1.5h Monday: - China CPI/PPI - UK unemployment numbers - ZEW economic numbers Wednesday: - **US CPI** (0.3% MoM expected) - BOC interest rate decision Thursday: - US PPI - Jobless claims - ECB minutes - OPEC report - GDP UK Friday - Michigan consumer sentiment *Fed speakers scattered throughout the week
By agnostic you mean not having any issue with transferring to an exchange, I guess? Then I believe all banks in Canada are agnostic. All banks in Canada are also on cahoots with the BOC in the proposed creation of the Digital Loonie CBDC.
tldr; BNP Paribas is collaborating with the Bank of China (BOC) to promote China's digital currency, the digital yuan, to its corporate clients. The partnership will enable BNP's corporate clients to connect with the BOC system, allowing users to manage their digital yuan wallets. The e-CNY management system also promises to make it easier and more convenient for clients *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Canada: STOLEN - dividends/UNSETTLED [unclaimedproperties.bankofcanada.ca](https://unclaimedproperties.bankofcanada.ca) their USELESS/WORTHLESS website is NOT working since 2010 ! BOC employees names? \[REFUSED to provide\] they-debtors told me that, they DO NOT KNOW what is A NOTICE OF REDEMPTION or DEBT Instrument? E&OE/CYA
Can we get e-coin though? I’d be better than CBDC at least lol. Lol maybe HSBC should issue an unregulated HKD based global cryptocurrency. Shit even BOC or whatever. Literally anyone other than the entity that politically controls me. When the absolute political authority in my country also controls all of the transactions I can make, then I’m truly in trouble.
BOC - Treasury Bills [bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/regular-treasury-bills/](https://bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/regular-treasury-bills/) 2023-03-09 Ledger: Order 28 CANADA 2 DOLLARS Coin - ELIZABETH II - D . G . REGINA 1996 Years: 1996 - 2003 Mintage: 375,483,000 [en.numista.com/catalogue/pieces476.html](https://en.numista.com/catalogue/pieces476.html) TENDERED: 03/09/2023 02:59:00 PM E&OE/CYA