[Legal Nature Identical, OSFI States Tokenized Deposits Are No Different from Traditional Deposits] Odaily Planet Daily News – The Canadian financial regulator OSFI issued a statement saying that under the legal framework governing federal financial institutions, the legal nature of financial products and services depends on 'what they are,' not 'how they are implemented.' When financial institutions and their third parties introduce innovative products such as tokenized and other digital deposits, they must comply with existing laws, regulations, and guidelines such as B-13 'Technology and Cyber Risk Management' and B-10 'Third-Party Risk Management.' Additionally, they are required to proactively communicate with regulators and obtain appropriate legal opinions before launching new products or services.