News & Events
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Bank of Canada launches public consultations on digital C$
The Bank of Canada (BoC) initiates a public consultation to gather feedback on the potential characteristics of a digital Canadian dollar. This is an exploratory measure to assess the feasibility of introducing a digital version of the currency.
To prevent the private sector from taking over digital payments as cash usage decreases, central banks worldwide are exploring digital versions of their currencies. The COVID-19 pandemic has accelerated the decline of cash usage in some cases, prompting these studies.
The central banks of Japan, Brazil, and Australia have also initiated measures towards introducing a digital token.
Read the original article here: https://www.msn.com/en-ca/money/topstories/bank-of-canada-launches-public-consultations-on-digital-c/ar-AA1aUY8y
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Liberation Day
In Jersey, Liberation Day is celebrated on May 9th, while in Guernsey, it is celebrated on May 10th. The day is marked by various events and festivities, including parades, concerts, and firework displays, as well as moments of remembrance for those who suffered during the occupation. It is a significant day in the islands’ history and is celebrated with great enthusiasm by the local population.
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Prince William hails King Charles in concert speech
During a speech, Prince William expressed his pride to, King Charles III, as he ascended to the British throne. The following day, after a grand coronation ceremony witnessed by millions, King Charles III and Queen Camilla stepped aside to let other celebrities take the spotlight at a star-studded coronation concert held at Windsor Castle, featuring performances by Katy Perry, Lionel Richie, and others. In his address to the crowd at Windsor, William lauded Charles and acknowledged that the late Queen Elizabeth II would have been a very proud mother. He cited his grandmother’s statement during her own coronation, declaring that coronations signify our aspirations for the future, and noted that she was likely watching over them fondly from above. The newly crowned monarch and his wife were observed enjoying the performance.
Read the original article here: https://timesofindia.indiatimes.com/videos/international/prince-william-hails-king-charles-in-concert-speech/videoshow/100075597.cms
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