/channels/taxonomy/term/24753/all en /channels/channels/news/little-progress-made-regulating-crypto-assets-canada-357294 <p>Despite commitments to implement the Crypto-Asset Reporting Framework (CARF) by 2027, Canada’s strides in regulating crypto-assets remain sluggish. CARF establishes a standardized reporting system for crypto-assets across 48 nations with the aim of tracking specific asset types and transactions while defining relevant tax jurisdictions.</p> Thu, 09 May 2024 16:51:07 +0000 webfull 200016 at /channels /channels/channels/news/after-slow-2023-exchange-traded-fund-listings-are-revitalizing-356858 <p>In 2023, more than 120 exchange-traded funds (ETFs) were delisted in Canada—more than four times as many as in an average year. Even so, there was still a net gain in the overall number of ETFs, with 164 new ones launching for the year. With numbers in for the first quarter of 2024, the high number of delistings appears to have been an anomaly.</p> Wed, 17 Apr 2024 17:57:31 +0000 webfull 199523 at /channels /channels/channels/news/interaction-major-crypto-asset-platforms-could-benefit-both-cbdcs-and-cryptocurrencies-348455 <p>Cryptocurrencies are an unregulated, ethically dubious financial instrument used by criminal organizations, terrorists and war criminals, writes Andy Holloway in the FP Investor Newsletter. But central bank digital currencies (CBDC) are the right side of regulation. “A CBDC that offers maximal privacy of individuals' spending and is a legal tender would be a more compelling alternative to cryptocurrencies as a pure digital means of payments and money,” says <a href="//www.mcgill.ca/desautels/katrin-tinn">Katrin Tinn</a>, Assistant Professor of Finance at Desautels.</p> Thu, 25 May 2023 16:03:26 +0000 webfull 189794 at /channels /channels/channels/event/blockchain-101-talk-346437 <p><big>Have you always wanted to know what blockchain technology is about? Do you want to know how it works and how it could find applications across different industries?</big></p> Tue, 28 Feb 2023 21:55:28 +0000 webfull 187644 at /channels /channels/channels/event/laidley-centre-business-ethics-brown-bag-colloquium-344902 <p>The <a href="//www.mcgill.ca/desautels/about/laidley-centre-business-ethics">Laidley Centre for Business Ethics</a> presents:</p> <p><strong><big>“How I Engage ‘Ethics' in the Classroom”</big></strong></p> Fri, 13 Jan 2023 16:19:39 +0000 webfull 185999 at /channels /channels/channels/news/central-bank-digital-currencies-could-help-improve-financial-inclusion-344509 <p>People are using cash less, and plastic more. But this presents a problem for unbanked and underbanked people. There are still a significant number of Canadians who don’t have a bank account. They can’t participate fully in the digital economy, but central bank digital currencies could help them do that. The Bank of Canada is one of the central banks considering a digital currency, and one of its main benefits is inclusion, says <a href="//www.mcgill.ca/desautels/katrin-tinn">Katrin Tinn</a>, an Assistant Professor of Finance at ƻ����Ժ.</p> Wed, 21 Dec 2022 15:13:38 +0000 webfull 185557 at /channels /channels/channels/news/official-launch-laidley-centre-business-ethics-343807 <p>On November 14, the <a href="//www.mcgill.ca/desautels/about/laidley-centre-business-ethics">Laidley Centre for Business Ethics</a> hosted students, faculty, staff, donors, alumni and friends of ƻ����Ժ Desautels for the official launch of the Centre.</p> <p>The Laidley Centre for Business Ethics will serve as a hub for ƻ����Ժ researchers across disciplines, from law and religion to economics and engineering, to work toward solutions for the most pressing ethical issues of our time.</p> Wed, 23 Nov 2022 20:24:34 +0000 webfull 184806 at /channels /channels/channels/news/delve-why-digital-currencies-could-change-future-central-banking-343360 <p>Central Bank Digital Currencies (CBDC) represent a possible next step in the technological evolution of banking and the financial intermediation sector, with advances in privacy, fraud protection, and efficiency—but their roles and risks on the high-tech path forward are only now becoming clear.</p> Tue, 08 Nov 2022 14:41:36 +0000 webfull 184337 at /channels /channels/channels/news/alberta-politician-who-spreading-conspiracy-theories-could-become-premier-341993 <p>Danielle Smith is running for the leadership of Alberta’s United Conservative Party, and could become Alberta’s next premier. But Smith is campaigning on a platform that includes internet conspiracy theories. In a newsletter, she cautioned that Canada’s currency could be replaced with an international common digital currency, and the federal government could use it to “punish and reward” Canadians. But that’s not very likely, according to <a href="//www.mcgill.ca/desautels/mo-chaudhury" target="_blank">Mo Chaudhury</a>, an Assistant Professor of Finance at Desautels.</p> Fri, 16 Sep 2022 18:22:48 +0000 webfull 182603 at /channels /channels/channels/news/keeping-cryptocurrency-alive-337416 <p>Wealthsimple, a Toronto-based financial services company, recently announced plans to push for digital currencies to be used in day-to-day transactions beyond trading. Professor <a href="//www.mcgill.ca/desautels/katrin-tinn"><strong>Katrin Tinn</strong></a> says the recent downturn in cryptocurrency use emphasizes the need for stakeholders to innovate cryptocurrency for real-world applications.</p> Fri, 04 Feb 2022 15:52:35 +0000 webfull 177637 at /channels /channels/channels/news/plans-canadian-digital-currency-remain-hold-337028 <p>With digital currencies like Bitcoin gaining traction in the e-commerce space, banks are considering the challenge of integrating digital and paper currencies while protecting user privacy. Although the Bank of Canada has no immediate plans to implement a government-backed digital currency, Professor <a href="//www.mcgill.ca/desautels/katrin-tinn"><strong>Katrin Tinn</strong></a> wouldn't rule out a shift to cryptocurrency in the future.</p> Fri, 21 Jan 2022 22:19:28 +0000 webfull 177084 at /channels /channels/channels/news/qa-professor-katrin-tinn-335985 <p>Get to know Assistant Professor <strong><a href="//www.mcgill.ca/desautels/katrin-tinn">Katrin Tinn</a>, </strong>who teaches in the Finance area, in a new Q&A. She discusses her research on digital currencies and stock trading, her teaching style - including how she integrates her research - and her interest in art.</p> <div class="bl-tpl"><a class="button--outline" href="//www.mcgill.ca/desautels/article/qa-professor-katrin-tinn">Learn more</a></div> Wed, 22 Dec 2021 18:55:23 +0000 webfull 175976 at /channels /channels/channels/news/delve-digital-currency-public-public-334511 <p>Could a Central Bank Digital Currency ensure privacy and transparency for every transaction? A new model of digital currency by Desautels Professor <strong><a href="//www.mcgill.ca/desautels/katrin-tinn">Katrin Tinn</a></strong> proposes a secure yet anonymous “asymmetric privacy” alternative to cash, traditional bank transactions, and cryptocurrency. “A public institution is in a better position to design a digital currency that has the correct incentives,” says Tinn. </p> Mon, 01 Nov 2021 15:10:32 +0000 webfull 174415 at /channels /channels/channels/news/digital-currency-solution-dwindling-cash-transactions-333230 <p>Over the last ten years, cash payments have been in a free fall and experts predict that by 2030, they could make up for just 10% of monetary transactions.</p> Thu, 09 Sep 2021 20:37:42 +0000 webfull 172947 at /channels /channels/channels/news/predicting-future-digital-currency-331975 <p>A recent survey found that Canada has the most cashless economy in the world, with most consumers using the credit card system. Professor <strong><a href="//www.mcgill.ca/desautels/katrin-tinn">Katrin Tinn</a></strong> joined CTV News Montreal to share her insights on the potential for the Bank of Canada to approve other forms of digital currencies, such as Bitcoin. She explains how new digital currencies could be used concurrently with physical cash and credit cards, giving consumers greater choice and control over their spending preferences.</p> Thu, 15 Jul 2021 15:15:57 +0000 webfull 171741 at /channels