US EditionBudget 2025: Feds to move forward on regulating stablecoins
Canada’s 2025 budget introduces stablecoin rules on reserves, risk, and privacy to protect the financial system and encourage Canadian-dollar digital currency innovation.
- On Tuesday, the federal government said its 2025 budget will move ahead to regulate stablecoins, following a U.S. decision this summer.
- Many financial leaders, including past and current Bank of Canada executives, urged action to support Canadian-dollar stablecoins amid worries that U.S. dollar stablecoins dominate and risk capital outflow.
- Stablecoins are a kind of crypto asset pegged to real-world currencies, aiming to make them more reliable for money transfers than volatile cryptocurrencies, Kareem Sadek said legislation will reduce fragmented regulations.
- Ottawa says it will bring forward legislation to establish rules on stablecoin issuers' reserves and address risk management, information privacy and national security.
- Lucas Matheson, chief executive of Coinbase Canada, said the move signals Canada's readiness to lead on digital innovation, and this report by The Canadian Press was first published Nov. 4, 2025.
14 Articles
14 Articles
Canada's federal budget document revealed plans to introduce legislation to regulate stablecoins and millionaire investment to boost AI use. *** Canada's federal budget for 2025 revealed plans to establish new stablecoins regulations. It will require issuers to maintain adequate asset reserves and safeguards for the national system. On the other hand, Canada also bets on AI with millionaire investment in technology infrastructure. Canada reveals…
Canada Stablecoin Rules Set to Reshape Digital Finance in 2025
Canada has announced plans to regulate stablecoins in its 2025 federal budget. The news, reported by Cointelegraph, shows that the country wants stronger control over its fast-growing crypto market. The move follows the United States’ GENIUS Act, which introduced similar rules earlier this year. NEW: Canada unveils plan to regulate stablecoins in its 2025 federal budget, following the US GENIUS Act.Issuers must maintain sufficient reserves and r…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
