Canada Accelerates Work on Stablecoin Rules as US Speeds Ahead

Canada speeds up work on stablecoin rules with major update in federal budget possible

Canada could release stablecoin rules in the federal budget as it plays catch-up with the U.S. on worries capital could be lost. Read on.

Canada Accelerates Work on Stablecoin Rules as US Speeds Ahead

Canada is consulting on rules for stablecoins and may announce a major update in the federal budget next week, according to people familiar with the matter.

Stablecoins are at a regulatory crossroads in Canada. What’s next?

Next week’s federal budget purportedly contains updates that FinTech leaders in Canada have been calling for: movement on an open banking framework and “language” around stablecoins. “Regulation does not mean crippling innovation. It just needs to be well done and well thought out. That’s what we’re trying to get in Canada.” Regardless of whether stablecoins are referenced in the national budget, FinTech leaders say the digital asset is set to …

Canada set to introduce stablecoin framework soon

Canada set to introduce stablecoin framework in this year's budget in November of 2025, and it's long overdue

Canada Prepares Major Stablecoin Framework Following U.S. Regulatory Lead

The move signals Ottawa’s intent to close the regulatory gap that has left Canada lagging behind the United States and other advanced economies in defining how fiat-backed digital tokens should operate. Canada Moves Toward a Formal Stablecoin Framework For years, Canada has lacked a clear legal framework for stablecoins, leaving issuers uncertain whether their products qualify as securities or derivatives under existing law. Now, after weeks of …

Canada Targets November Budget for Stablecoin Rules

Ottawa Accelerates Work on Digital Currency Regulation Canada is fast-tracking the creation of a regulatory framework for stablecoins and intends to include the proposal in the federal budget scheduled for Nov. 4, Bloomberg reported Monday, citing people familiar with the discussions. Officials from the Department of Finance and other agencies have been holding frequent meetings in recent weeks with market participants and regulators to finalize…