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Canada Sets New Deadline for Crypto Platforms to Comply With Stablecoin Regulations

Bitcoin.com

Bitcoin News / Bitcoin.com 44 Views

The Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline set for December 31, 2024. The updated regulations emphasize transparency and investor protection, requiring stablecoin issuers to maintain appropriate reserves with qualified custodians and to publicly disclose information about their […]
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