Canada opens consultation on stablecoins, citing US GENIUS Act
Summary
Canada has launched a public consultation regarding a potential regulatory framework for stablecoins. The government is seeking input on proposed rules that would apply to digital tokens issued by non-financial institutions.
As part of the potential implementation of its Stablecoin Act, the Canadian government will hear from the public on a proposed framework for tokens from non-financial institutions.
Source: Read the full story at Cointelegraph.com News
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