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@npub1fupv...jh7h image Canada has included stablecoin regulations as a key element of its 2025 federal budget to support innovation in digital finance. According to the 2025 budget unveiled on Nov. 4, Canada will introduce a new legislative framework for fiat-backed stablecoins by…
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Canada pushes for stablecoin legislation in 2025 budget
Canada’s 2025 budget plans to regulate fiat-backed stablecoins as it pivots from a digital dollar to modernize payments and boost oversight.

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👉 Canada will introduce new legislation for fiat-backed stablecoins in its 2025 federal budget 👉 The legislation will establish clear rules for issuance, redemption, and oversight of stablecoins 👉 The Bank of Canada will allocate $10 million over two years to administer the framework 👉 Stablecoin issuers will be required to maintain adequate asset reserves and implement risk management measures