Canadian banks' policy towards digital currencies
Сanada's largest banks commented on their cryptocurrency policies: Toronto-Dominion Bank permits purchases using a TD credit or debit card as long as the merchant accepts Visa, Visa debit, MasterCard and Interac. Certainly, if the transaction isn't determined to be a fraud. Royal Bank of Canada allows credit cards to be used for transactions involving cryptocurrency "in limited circumstances." The banks are watching carefully— especially with the drop in prices on coins.National Bank of Canada allows transactions, too.
According to Ben Fung from the Central Bank of Canada and Walter Engert from the Office of the Superintendent of Financial Institutions, central banks might benefit from issuing cryptographic versions of fiat currencies, but the benefits would vary depending on whether they did so in an advanced or developing economy.