According to ChainCatcher news and a report by Cointelegraph, the Canadian government has officially announced a regulatory plan for stablecoins in its 2025 federal budget, following the regulatory direction of the US GENIUS Act. Under this plan, stablecoin issuers must maintain sufficient reserves and establish a sound risk management system.
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Canada announced its stablecoin regulatory plan for 2025
According to ChainCatcher news and a report by Cointelegraph, the Canadian government has officially announced a regulatory plan for stablecoins in its 2025 federal budget, following the regulatory direction of the US GENIUS Act. Under this plan, stablecoin issuers must maintain sufficient reserves and establish a sound risk management system.