-
Bank of Canada wants stablecoins to be backed by high-quality liquid assets
The Bank of Canada says regulations on future Canadian stablecoins must ensure they are backed by high-quality liquid assets and be pegged one-to-one to a central bank currency, Governor Tiff Macklem said on Tuesday. The Liberal government said in November that it would be introducing regulations next year for stablecoins, a form of cryptocurrency which are convertible to a fiat currency at par. "We want stablecoins to be good money, like bank notes or money on deposit at banks," Macklem said. "A stablecoin must be pegged at a one-to-one ratio to a central bank currency and be backed by high-quality liquid assets ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @MarketNews_Feed|Dec 16, 2025BOC’S MACKLEM YEAR-END SPEECH A FUTURE CANADIAN STABLECOIN MUST BE PEGGED ONE-TO-ONE TO A CENTRAL BANK CURRENCY A STABLECOIN MUST BE BACKED BY HIGH-QUALITY LIQUID ASSETS SO IT CAN ALWAYS BE CONVERTED TO CASH AT PAR CONDITIONS FOR REDEEMING A STABLECOIN MUST BE FULLY DIS… BoC's Gov. Macklem: We don't see a lot of interest among consumers and businesses in a Stablecoin. BoC's Gov. Macklem: Over the next number of months, we are expecting to see some easing of food price inflation.
From @Top_Bloomberg|Dec 16, 2025|56 comments*TRUMP SET TO INTERVIEW FED'S CHRISTOPHER WALLER FOR CHAIR: WSJ
From financemagnates.com|Dec 16, 2025SBI Holdings and Startale Group team up to develop a fully regulated yen-denominated stablecoin for global settlement. The initiative aims to bridge traditional finance and ...
-
- Newer Stories
From @tenet_research|Dec 16, 2025|2 commentsBOSTIC: AGGRESSIVE FED POLICY NOT A REMEDY FOR JOBS DECLINE Fed's Bostic: Price pressures are not just coming from tariffs, Fed should not be hasty to declare victory. Fed's Bostic Says In Essay That Further Interest Rate Cuts Would Place Monetary Policy Near Or Into Accommodative Territory, Putting Inflation And Inflation Expectations At Risk - The Fed's Jobs And Inflation Mandates Are Both At Risk, But Labor Market Signals Are 'Too…
From thestreet.com|Dec 16, 2025Japan’s central bank is once again at the center of global market anxiety. The Bank of Japan (BOJ) is scheduled to announce its next interest rate decision on Dec. 19, and growing ...
From youtube.com/cnbctelevision|Dec 16, 2025On today's episode of CNBC Crypto World, bitcoin rises after the delayed November jobs report showed payrolls rose more than expected after falling by 105,000 in October. Plus, ...
