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Home›Crypto›Bitcoin›Canada opens consultation on draft stablecoin rules, m…

Canada opens consultation on draft stablecoin rules, maintains ban on yields

Reported · Written up by our desk · Bitcoin

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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Sources

CoinDeskCanada opens consultation on draft stablecoin rules, maintains ban on yields

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