Canada’s 2025 Federal Budget Reveals Plans to Regulate Stablecoins 

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Canada is taking a major step to regulate stablecoins, a sector that has recently seen massive demand from institutions. This comes after the U.S. passed GENIUS Act, the landmark stablecoin legislation, setting an example for other countries. 

Canada plans to regulate fiat-based stablecoins as part of its 2025 Federal budget. The budget document notes that the new rules will require stablecoin issuers to maintain sufficient reserves, set clear redemption policies, implement risk management frameworks, and protect users’ personal data. 

“The legislation will also include national security safeguards to support the integrity of the framework so that fiat-backed stablecoins are safe and secure for consumers and businesses to use,” it said. 

It's official:

Canada is now in the stablecoin game