Canada allocates funds to regulate stablecoins in 2025 federal budget
The Canadian Department of Finance unveiled the stablecoin regulation proposal in its 2025 budget plan, which would require all stablecoin issuers to maintain and manage adequate asset reserves with clear redemption policies for the protection of users. Canada is set to introduce its first national framework for regulating fiat-backed stablecoins under the 2025 federal budget, [...]