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Canada to Introduce Federal Stablecoin Framework in 2025 Budget

Canada to Introduce Federal Stablecoin Framework in 2025 Budget

Author:

Global Cryptocurrency

Published:

2025-11-07 08:46:02

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BTCCSquare news:

Canada is set to establish its first nationwide regulatory framework for fiat-backed stablecoins as part of the 2025 federal budget. The MOVE mirrors recent U.S. regulatory approaches and aims to provide legal clarity for the rapidly expanding sector.

The framework will mandate strict reserve requirements, redemption policies, and risk management protocols for issuers. It includes provisions to protect consumer data and safeguard financial infrastructure against cyber threats.

Funding for implementation will come from the Consolidated Revenue Fund over two years, with long-term operations supported by supervisory fees from regulated entities.

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