Coin Bureau
Coin Bureau|Oct 26, 2026 15:48
JUST IN: 🇨🇦Canada opens consultation on STABLECOIN rules draft but maintains its BAN on interest and yield payments to holders. The proposed framework requires: - 1:1 reserves held at qualified Canadian financial institutions. - Users must be able to exchange stablecoins for cash within THREE business days. - Fees for converting stablecoins back into cash capped at 1%. The 60-day consultation ends December 23, with the rules expected to take effect in late 2027.
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