PolicyBetaKitabout 1 hour ago
Canada unveils proposed stablecoin regulations
2 min read
Canada released proposed stablecoin regulations on Friday in the Canada Gazette, subject to a 60-day consultation period. The rules govern the country's Stablecoin Act, requiring reserve assets and prohibiting marketing stablecoins as legal tender or bank deposits. These measures affect issuers navigating both Bank of Canada and Canadian Securities Commission regimes.
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