Canada opens consultation on draft stablecoin rules, maintains ban on yields
CoinDesk · Mon, 26 Oct 2026 14:23:41 GMT
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Excerpt from CoinDesk: “Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days.”
Rule-based headline sentiment: Neutral
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