regulation
Canada opens consultation on draft stablecoin rules, maintains ban on yields
CoinDeskOctober 26, 2026 · 2:34 PM2 min read
Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days.
Originally published on CoinDesk
Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days.
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