Bank of Canada official discusses the crucial need for federal stablecoin regulation to protect financial stability.
Blockchain News

Crucial: Bank of Canada Urges Swift Stablecoin Regulation

A senior official from the Bank of Canada has issued a clear call for federal-level stablecoin regulation. This development signals a critical juncture for Canada’s evolving financial landscape. Specifically, the deputy governor emphasized the need for a cautious approach. He highlighted that while stablecoins offer potential to modernize Canada payments, their widespread adoption requires careful […]