🚀 Canada Is Ready to Regulate Stablecoins - But Where’s $BTC in All This? 🇨🇦
While Bitcoin continues to take the spotlight, Canada is stepping up its game with plans to regulate stablecoins through the 2025 federal budget.
🔥 Hot on the heels of the U.S. GENIUS Act, Canada’s new rules will make sure stablecoin issuers keep their reserves solid, their redemption policies transparent, and their risk management top-notch. Sounds like a lot of paperwork... but hey, it's all about building trust, right?
💸 With $10M allocated for the framework, Canada is making big moves, while the Bank of England preps its own stablecoin rules. But don’t worry, $BTC - you’ve still got the spotlight, for now. 😉
Is this the dawn of serious regulation for stablecoins?
Or just a lot of government talk? 🧐
