Canada to Regulate Stablecoins Under Bank of Canada Oversight, Aligning with U.S. Policy Moves
By Tokenpost
Canada is taking a significant step toward regulating Canadian dollar-backed stablecoins, signaling a major development for the nations digital asset industry. In its 2025 federal budget, the Canadian government announced plans to introduce legislation establishing clear regulatory standards for stablecoin issuers, following the recent U.S. GENIUS Act that set similar rules south of the border.
