The Bank of Canada is working with its G7 partners on its plans for a digital currency, Governor Tiff Macklem said in an interview, adding a “globally coordinated” approach was needed to prevent suprises and to keep such tools from being used by criminals. Macklem told Reuters that the central bank was working on moving from proof of concepts to more fully executable plans for a digital loonie but saw no compelling need for one “right now”. “If another country has one and we don’t, that could certainly create some problems,” said Macklem. “So we want to make sure we’re ready. “Currencies move across borders, and so ... (full story)