Original sourcecryptotimes.io
Summary
Canada's Office of the Superintendent of Financial Institutions (OSFI) clarified on September 10, 2026, that tokenized deposits are legally no different from traditional bank deposits. Their legal status depends on the product itself, not the technology (such as blockchain). Banks offering tokenize…
Key points
- Banks and tokenized deposit providers can use this to design products, understanding existing obligations and customer protections under technology neutrality.
- Explicit technology-neutral treatment of tokenized deposits reduces legal uncertainty for banks adopting distributed ledgers.
- Canadian banks can advance tokenized deposit pilots under existing rules, but stablecoins still await a separate framework, requiring separate planning.
Editorial note
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