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Canada opens consultation on draft stablecoin rules, maintains ban on yields

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2LAR Wire Desk (CoinDesk) Syndicated Wire Desk • Published 2026-10-26
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Canada opens consultation on draft stablecoin rules, maintains ban on yields

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....

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