Canada’s Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield
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.
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.
Read the full story at decrypt.co: https://decrypt.co/381889/canada-draft-stablecoin-rules-redemption-fees-ban-yield