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Canada Opens 60-Day Consultation on Draft Stablecoin Rules Requiring One-to-One Reserves and Fast Redemption
Fact
Ottawa opened a 60-day consultation on draft rules requiring one-to-one reserves and fast redemption from stablecoin issuers, while keeping the ban on paying holders interest.
Our reading: what this means for prices
- Which assets it moves and in which direction
- How long the effect is likely to last
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