Original sourceGovernment of Canada
Summary
The Canada Gazette published draft Stablecoin Regulations accompanying the Stablecoin Act (SCA), which received royal assent in March 2026. The draft requires issuers of stablecoins with interprovincial or international uses to register with the Bank of Canada and comply with requirements on reserv…
Key points
- Stablecoin issuers and payment providers seeking to enter the Canadian market can use this to review registration, reserve asset, and redemption arrangements in advance.
- This is Canada's first complete regulatory framework covering national stablecoin issuers, and it will change the compliance bar for issuers and payment providers.
- Firms offering stablecoin payments or issuing stablecoins in Canada need to set aside resources and compliance staff for central bank registration, reserve assets, and redemption mechanisms.
Editorial note
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