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Conservatives move to protect cash, ban central bank digital currency
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Conservatives move to protect cash, ban central bank digital currency
Ted Falk, Conservative Member of Parliament for Provencher, has announced the Framework on the Access to and Use of Cash Act, a Private Members’ Bill that would protect Canadians’ access to physical cash and prevent the Bank of Canada from issuing a central bank digital currency (CBDC). “Cash is freedom – it is private, reliable, and you don’t need an app or computer to use it,” said Falk. “Canadian customers should always have the option to use…
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