Mark Carney, Canada’s new Prime Minister, has been critical of Bitcoin, citing its volatility and inefficiencies, but supports the development of CBDCs.
Carney takes office amid economic tensions with the U.S., opposing Donald Trump’s trade tariffs and rejecting the idea of Canadian annexation.
Carney, a veteran economist and former central banker, has consistently criticized Bitcoin due to its volatility and economic inefficiencies.
Although Carney has been a critic of decentralized currencies, he supports the development of central bank digital currencies (CBDCs) for enhanced financial access and regulatory supervision.