Evidence record
Canada publishes draft Stablecoin Regulations: Bank of Canada registration, 1:1 reserves, three-day redemption, in force targeted for fall 2027
Read the item · published 2026-10-24
Evidence
- Confidence
- High Primary source (regulator / official record); quote string-matched against the live page.
- Quote verified
- 2026-10-24 19:42 UTC
- Archived snapshot
- Not archived yet
- Source type
- Primary Department of Finance Canada (Canada Gazette, Part I) ↗
Change log (1)
- 2026-10-24 Canada jurisdiction (16th page): 4 verified items — Finance Canada proposed Stablecoin Regulations (Canada Gazette I, 24 Oct 2026; in force targeted fall 2027, (20cf204)
Verified quotes
“The intention is for the proposed Regulations to come into force in fall 2027.”
“meaning it would not regulate banks; trust, loan or insurance companies; credit unions; or foreign financial institutions.”
“Issuers would further be required to hold reserve assets at a Canadian-incorporated qualified custodian.”
“redemption fees would be capped at 1% of the redeemed amount.”
String-matched against https://gazette.gc.ca/rp-pr/p1/2026/2026-10-24/html/reg1-eng.html by scripts/verify.mjs before every deploy.
Additional evidence
- Primary Stablecoins — Bank of Canada ↗ · Bank of Canada
AI-drafted from the primary source; quote string-matched by scripts/verify.mjs · AI-assisted