canada

📰 Jury Finds Ontario ‘Crypto King’ Aiden Pleterski Guilty of Fraud
The Ontario Superior Court building is seen in Toronto on Jan. 29, 2020. (The Canadian Press/Colin Perkel)
Source : The Epoch Times
Time : 2026-10-29 19:34:23
Credit : jason g. antonio
#world_news #canada #featured_canadian_news #top_canadian_news

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Canada's draft stablecoin rules let issuers reward spending but bar yield on holdings.
Consultation open until Dec 23; reserves must be 1:1 with Canadian custodians.
Would you use a stablecoin that pays cashback only when you spend?

#Canada #Stablecoin $CAD

📰 Canada opens 60-day stablecoin consultation while keeping yield ban
Canada has opened a 60-day consultation on proposed stablecoin regulations that retain its ban on issuer-paid yield and require reserves to be held with qualified Canadian financial institutions. The Department of Finance published the draft in the Canada Gazette on…
Source : Crypto News
Time : 2026-10-26 18:11:35
Credit : lawrence mondal
#stablecoin #news #canada

Share your opinion in the comment section below

Stablecoins with no yield—and up to three business days to redeem? That makes me pause. 🤔

Canada has opened consultation on draft stablecoin rules, keeping the ban on yields.

Under the proposal, non-bank issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days.

My takeaway: the backing requirement matters, but so does how quickly holders can get their money back. 🏦

Would that redemption window work for you, or feel too slow?

#Stablecoins #Canada #CryptoRegulation

🚨📜 #Canada UNVEILS DRAGNET STABLECOIN RULES:
60-DAY CONSULTATION LOCKS BAN ON YIELDS 📊🇨🇦

According to official government filings published in the Canada Gazette, the Department of Finance Canada, in coordination with the Bank of Canada, has formally opened a 60-day public consultation window on the draft regulations for the Stablecoin Act (SCA). The framework enforces a draconian prohibition on direct and indirect yield payments for non-bank stablecoins. 💼🚫

🔥 #liquidity & REGULATORY ARCHITECTURE:

▪️ Strict Yield Prohibition:
To combat banking disintermediation, non-bank stablecoin issuers are legally barred from offering interest or marketing rewards to token holders, strictly framing stablecoins as a payment instrument rather than a savings account. 🛡️🏦

▪️ 1:1 Banking Reserve Mandate:
Under the draft rules, non-bank issuers must back circulating units 1:1 with high-quality liquid reserves held strictly at qualified, regulated Canadian financial institutions. 💵🧱

▪️ Guaranteed Liquidations:
The proposal introduces a mandatory 3-business-day redemption window for retail holders at face value (at par), with cash-out redemption fees strictly capped at 1% and no minimum amount constraints. 🌊⚙️
▪️ Bank Exemption Loophole: Regulated banks and trust companies are exempt from this framework, allowing tokenized bank deposits to still generate interest and maintain CDIC insurance coverage. 🏛️📈

⚠️ SYSTEMIC STABLECOIN SYMBOLS & PAIRS TO WATCH:

1️⃣ $USDC
/ $USDT (Fiat-Pegged Giants - Issuers must structurally adapt to Canada's strict retail redemption and yield-free compliance regimes by late 2027)

2️⃣ CAD-Pegged Stablecoins (e.g., $QCAD - Domestic stablecoins experiencing direct regulatory integration under Bank of Canada supervision)

3️⃣ $BTC
(#bitcoin - The ultimate decentralized hedge asset for smart money escaping fiat-based regulatory clamping)

#crypto #stablecoin Act

#CanadaProposesStablecoinRedemptionWithin3BusinessDays

🇨🇦 Canada Wants Stablecoins Cashed Out at Par in 3 Days

📅 Draft Stablecoin Regulations published in the Canada Gazette on Oct 24
💵 Issuers must redeem 1:1 on request, with no minimum amount
⏱️ Within three business days: T+1 Canadian and T+2 foreign settlement, plus one day to process
📊 Redemption fees capped at 1%, with 7 days' notice before any increase
⚠️ Daily limits allowed only if reserve-asset markets run short of liquidity
🗓️ Comments close Dec 23; the rules aim to start in fall 2027 alongside the Stablecoin Act

What it means for crypto: a legal right to exit at par could make regulated stablecoins like $USDC easier to trust in Canada, but these are proposals, not final rules. $BTC is near $80.3K.

Is a 3-day cash-out fast enough for stablecoin holders? 👇

$USDC $BTC
#CryptoNews #Stablecoins #Canada #CanadaProposesStablecoinRedemptionWithin3BusinessDays

#CanadaProposesStablecoinRedemptionWithin3BusinessDays
🇨🇦 Canada Proposes New Stablecoin Rules

⚡ Canada has proposed draft rules for regulated stablecoin issuers, focused on redemptions, reserves and consumer protection.

💵 Key points:
• Eligible redemptions at face value within 3 business days
• No minimum redemption amount
• Redemption fees capped at 1%
• Reserves must fully back outstanding stablecoins 1:1
• Interest or yield on stablecoin holdings generally prohibited
• Temporary redemption limits could apply during severe reserve-market liquidity stress

📅 The draft rules were published October 24, 2026 and are open for public consultation, with implementation targeted for fall 2027.

🌐 Why it matters: The proposal could make fiat-backed stablecoins more predictable for payments and cash-outs while strengthening reserve and consumer-protection standards.

👀 Could clearer redemption rules increase trust in stablecoins?

#Stablecoins #Canada #CryptoRegulation #DigitalAssets

In Canada, a stablecoin can be anything except one thing—a deposit that pays interest.

On October 24, the Finance Department published draft rules under the Stablecoin Act in the Canada Gazette. An issuer can’t pay you just for letting a stablecoin sit idle—not directly, and not through a third party they’ve made an arrangement with. Rewards for using the stablecoin are allowed.

What this means for users:
- Reserves of at least 1:1, held by a Canadian custodian—not just anywhere
- Redemption within three business days—your money won’t get stuck for weeks
- Redemption fee capped at 1%—getting out won’t eat up half your deposit

In short, they guarantee that the stablecoin can be redeemed, not that it earns money. The Bank of Canada will oversee it.

I’m keeping an eye on December 23, 2026: comments are open until then, and the rules won’t take effect until fall 2027.

Is banning yield on stablecoins user protection or a gift to banks? I’m in favor of the former, even though I keep my stablecoins in Simple Earn Flexible)

#Canada #stablecoin #BankOfCanada #StablecoinAct

🇨🇦 Canada Wants Stablecoin Cash-Outs to Be Easier for Everyone!

Canada is proposing new rules that would allow eligible stablecoin holders to redeem their tokens directly with issuers, with no minimum redemption amount and a maximum issuer fee of 1%.

But there’s an important detail: if reserve markets become too illiquid, daily redemption limits could still apply.

My take as a crypto trader: stablecoin adoption isn’t just about how easily we can buy or transfer tokens. It’s also about how reliably we can convert them back into cash when we need it.

Better redemption rights could build trust, but liquidity remains the real test during market stress.

Would these rules make you more confident about holding stablecoins? 👀

$CAP $ERA $DOS

#Stablecoins #CryptoRegulation #Canada #CryptoNews #Binance

Canada’s Stablecoin Draft: Redemption Fee Capped at 1%, Yield-Sharing Banned

Canada has formally opened public consultation on its stablecoin regulatory framework. The draft sets clear limits on two contentious issues—redemption fees and yield-sharing—and is seen as one of the most concrete stablecoin regulatory proposals outside the U.S. GENIUS framework.

According to Decrypt, Ottawa has launched a 60-day consultation. The draft requires stablecoin issuers to maintain 1:1 reserves, offer prompt redemption, and cap redemption fees at 1%. Cointelegraph reports that this is part of the potential implementation of the Stablecoin Act, with officials explicitly citing the U.S. GENIUS Act as a reference.

The framework is noteworthy because it draws clear lines around two sensitive aspects of the stablecoin business model. First, the 1% cap on redemption fees limits the friction costs issuers can charge during periods of extreme redemption pressure. Second, the draft explicitly prohibits sharing returns generated by reserve assets with holders, directly affecting one of the main sources of income for stablecoin issuers today.

Fundamentally, the combination of 1:1 reserves and prompt redemption steers stablecoins toward being “freely redeemable fiat claims” rather than “yield-generating cash equivalents.” The 60-day consultation period indicates that regulators are still gathering industry feedback, so the details of the rules could change.

For markets, frameworks of this kind typically do not trigger an immediate price reaction. Instead, they tend to affect compliance costs and the competitive landscape over the medium to long term. Major stablecoin issuers such as USDC and USDT will need to assess how a ban on yield-sharing could affect their pricing and reserve-management strategies. However, the proposal is still under consultation and is not final legislation, so its near-term impact is limited.

The main risk is overinterpretation. There are differing views on how the draft relates to the U.S. GENIUS framework, and the path from consultation to formal legislation is a long one. The final provisions could differ significantly.

What to watch next: first, how officials respond to industry feedback after the 60-day consultation; second, whether the final legislative text retains the ban on yield-sharing; and third, whether major stablecoin issuers adjust their reserve and product strategies in response. The regulatory direction is more important to track than any single rule.

#Stablecoin #Canada #CryptoRegulation

The above is a compilation of information and personal analysis, and does not constitute investment advice.
I will continue to provide updates as further policy details become clear.

Canada has just “ambushed” the stablecoin market with a tough new regulatory proposal, raising concerns about the future of DeFi.

The key point is a TOTAL BAN on paying interest or yield to stablecoin holders, whether directly or indirectly. This turns stablecoins into pure payment instruments, not income-generating investment assets.

Non-bank issuers will have to maintain 1:1 reserves at Canadian financial institutions, ensuring absolute safety but also tightly tying them to the traditional system. The rules also require redemption within 3 business days, with a maximum fee of 1%.

This is an extremely significant move. If this trend spreads, the future of DeFi projects based on stablecoin yield farming could change dramatically. It sends a clear message: stablecoins are not banks.

How will the crypto market react to stablecoins being “sterilized” of every form of yield? Could this be the beginning of a global wave of tighter regulations?

#Crypto #Stablecoin #Regulation #Canada

*🇨🇦 CANADA REJECTS DIVISION - MARKET STABILITY?*

Canadian PM Mark Carney says Albertans made a "clear choice" to reject independence referendum.

This brings political stability to Canada, which is positive for North American markets.

Do you think political stability in Canada will bring a bullish move for $BTC and traditional markets?

#EarningSeason #Canada #BTC #CryptoNews #Markets

Statistics Canada released September inflation data today. Monthly CPI rose 0.1%, below market expectations of 0.20%; annual CPI came in at 3.1%, also below expectations of 3.20%. More importantly, core CPI growth year over year slowed further to 2.2% from the previous reading of 2.4%, while its month-over-month growth fell to 0%, showing a clear trend of easing inflation.

From a macroeconomic perspective, multiple inflation indicators came in below expectations across the board, directly easing pressure for tighter policy. Core inflation has cooled meaningfully, indicating that the Bank of Canada’s restrictive interest rates are having a solid effect. This provides ample data to support the Bank maintaining a dovish stance at upcoming rate-setting meetings, or even beginning an easing cycle ahead of schedule.

Following the release, USD/CAD fluctuated, while lower expectations for macro interest rates benefited risk assets overall. As price pressures gradually ease across major North American economies, the upward momentum in global government bond yields is being curbed. Expectations of a marginal easing in U.S. dollar liquidity are strengthening, laying a solid foundation for a rebound in risk assets from their lows.

For crypto markets, weaker inflation data further reinforces the case for global liquidity to bottom out and recover. With macro headwinds easing, major assets such as $BTC have held firm at key support levels. Technical indicators may soon see buying pressure converge, potentially ushering in a new period of choppy upward movement.📊

#Canada #Inflation #CPIWatch

Canadian soldiers implicated in crypto-related kidnapping

- Three members of the Canadian Armed Forces are among seven suspects charged in a shocking crypto-related kidnapping in Toronto.
- Details of the incident, including the specific time and location and the amount of cryptocurrency involved, have not been fully disclosed in the RSS source.
- The case is attracting public attention and drawing the attention of Canadian authorities.

#CryptoNews #Canada #Kidnapping #BinanceSquare

$btc $eth

#vlikevn Titanbot

Source: U.Today

⚖️ Canada's Supreme Court reviews cryptocurrency fraud cases

Canada's Supreme Court is considering a case that could have significant implications for Canadian fraud victims who hold digital assets on foreign platforms. Legal experts believe the ruling could determine how the judicial system handles these complex cases.

━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ REGULATION

#Canada #Legal #Regulation #Fraud #Crypto

📰 Source: biztoc.com

Canada’s rate outlook may surprise markets.
Central 1 expects only 2 BoC hikes, with the first possibly in early 2027.
Core inflation is near 2%, while trade uncertainty could slow growth.
Markets may be pricing in too many hikes.
$BTC
#Canada #BoC #InterestRates #Markets #Economy

#canadaimposesupto50%countertariffsonusgoods
🇨🇦⚔️🇺🇸 Canada responds: up to 50% compensatory duties! 💥📊
🚨 #Canada_imposes_up_to_50%_compensatory_duties_on_US_goods
Canada launches an escalating response in the trade war between the United States and Canada. 🇨🇦🔥🇺🇸 Ottawa announced it will impose compensatory duties of up to 50% on selected U.S. goods, with measures taking effect beginning September 8, 2026.
📦 The targeted goods include:
🛠️ Steel and aluminum
🏠 Household appliances
🚜 Agricultural equipment
📱 Electronics
📄 Paper and pulp
🐟 Other consumer products
⚠️ Why this matters:
Paying the duties raises costs, disrupts supply chains, and increases volatility across the auto sector 🚗 and essential goods 🛢️ and the CAD 💵 and stocks 📈📉.
🔥 The big question: Is this just a new tariff fight, or the start of a much broader trade war in North America?
💬 Is Canada defending its economy 🇨🇦—or making the trade war worse?

Please follow up

#Canada #USA #TradeWar #USA
$CL $BZ $NATGAS

#CanadaUSTradeTalksCollapse #CanadaUSTradeTalksCollapse 🇨🇦🇺🇸⚠️

U.S.-Canada trade negotiations have collapsed, escalating tensions between the two longtime trading partners. The U.S. has imposed **50% tariffs on roughly $20 billion of Canadian goods**, while Canada plans **dollar-for-dollar retaliatory tariffs starting September 8**. ([Reuters][1])

The breakdown could raise costs for businesses and consumers, increase market uncertainty, and put further pressure on the future of the **USMCA**. ([The Wall Street Journal][2])

**Market takeaway:** 📉 Trade tensions → higher uncertainty → potential inflation pressure → increased volatility across North American markets.

#Canada #USA #TradeWar #Tariffs #USMCA #Markets #Economy #Inflation #Stocks #Geopolitics

[1]: $BNB
$BTC
$ETH

JUST IN: 🇨🇦🇺🇸 Canadian PM Carney says President Trump is "speaking the language of war" with threat to "annihilate" Iran.

#Canada #CanadaPolitics #usa #iran

@Crypto Daily Digest