Past and current Bitcoin adopters in Canada

The popularity of cryptocurrency has continued to increase over the past years and has raised serious policy concerns among Central Banks. Given the Bank of Canada’s role in maintaining financial stability, its 2019 Financial System Review identified the evolution of the cryptoasset market as one of six financial vulnerabilities that need to be monitored closely. Currently, in Canada Bitcoin and other cryptocurrencies are in the early stages of adoption, and the size of this market is not big enough to pose significant risks to the financial system. However, this may change quickly, and it is, therefore, essential to understanding better consumer adoption and usage of Bitcoin and its siblings over time.

Faculty Supervisor:

Joann Jasiak;Henry M. Kim

Student:

Partner:

Bank of Canada

Discipline:

Sociology

Sector:

Finance and Insurance; Manufacturing; Public administration

University:

York University

Program: