«Smaller, stand - alone payment systems for which there are many substitutes — like bitcoin — should generally require much less intensive oversight and regulation because they pose much less risk to the Canadian financial system as a whole,» Deslongchamps told the news publication. (pfhub.com)
The Bank of Canada said digital currencies have the potential to alter the fundamental payments architecture around the world, hence they could pose risks to individuals and the Canadian financial system as a whole. (coindesk.com)
[6] In that way they always had an important role in crisis prevention and crisis management, and it was natural that they took a wider interest in the risk management of the financial system as a whole. (rba.gov.au)