Canada opens consultation on stablecoins, citing US GENIUS Act

2 outlets · first seen 1d ago · latest 1d ago

  • Cointelegraph.com Newsfirst seen

    Canada opens consultation on stablecoins, citing US GENIUS Act

    As part of the potential implementation of its Stablecoin Act, the Canadian government will hear from the public on a proposed framework for tokens from non-financial institutions.

  • Bitcoin News

    Canada Seeks Public Comment on Stablecoin Rules as US Prepares to Implement GENIUS Act

    Canada is seeking public feedback on proposed regulations for stablecoin issuers, outlining requirements for reserve assets, consumer protections, and regulatory oversight as the country moves toward establishing a comprehensive framework for digital currencies. Canada Eyes Stablecoin Rules The proposals, published Saturday, Oct. 24, in the Canada Gazette, would implement Canada’s Stablecoin Act, which received royal […]