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Why does Ottawa want to regulate Canadian stablecoins?
Stablecoins have become increasingly popular over the years, drawing the attention of the federal government to regulate them in Canada. Cryptocurrency groups called on the government to simplify the rules to make it easier to launch Canadian dollar-linked stablecoins in the New Year. Proposed stablecoin rules, expected in the Spring 2026 session, will introduce asset management requirements intended to bolster domestic financial sovereignty and counter foreign digital currency influence. What is a stablecoin? Stablecoins are a type of cryptocurrency token built on a blockchain network, designed to maintain a steady ... (full story)
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