How Canada Quietly Became a Leader in Central Bank Digital Currency Innovation

May 8, 2025 – More than 130 countries and monetary union are currently dealing with a digital central bank currency, Central Bank Digital Currency (CBDC). Giesecke+Devrient (G+D) explains the key success factors and opportunities for the financial system. More than half of all countries worldwide are investigating the possible issue of a digital central bank currency. They represent more than 95 percent of the world's gross domestic product.

How Canada Quietly Became a Leader in Central Bank Digital Currency Innovation

While global headlines have focused on China’s digital yuan and the European Central Bank’s cautious CBDC steps, Canada has been quietly building one of the world’s most thoughtful and forward-looking digital currency strategies. The Bank of Canada is laying the foundation for a central bank digital currency (CBDC) that balances innovation with privacy, accessibility, and resilience. Meanwhile, Canadians continue to explore decentralised options…