Canada’s draft stablecoin rules shut out yield and route reserves through the banks

Photo: Cryptopolitan
Canada has moved to give Canadian banks a prominent role in its latest draft stablecoin regulations, backing the banks’ push for bans on stablecoin yields, while mandating non-bank issuers to park their reserves inside those same banks. The document published in the Canada Gazette landed barely three days after the Office of the Comptroller of...
Source: Cryptopolitan







