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@ tzongocu
2025-05-15 17:32:30
📰 News Alert...
🔖 Title: Canada’s Stablecoin Struggle: Is the Country Falling Behind?
🗓️ Published: 2025-05-15T10:00:00-04:00
📄 Summary: Canada is facing challenges in the adoption of stablecoins as local regulations classify them as securities, preventing the emergence of new issuers. While the U.S. and EU have seen growth in this sector due to more favorable regulations, Canada's stagnant framework may hinder its competitiveness. Experts warn that the lack of P2P payment options could erode the relevance of the Canadian dollar, particularly as international stablecoins gain popularity. Amidst a growing demand for digital payment methods, there remains significant skepticism among Canadians towards cryptocurrency and stablecoins. Industry leaders urge for a more tailored regulatory approach to enhance integration into the mainstream financial system.
🔗 [Read More](https://cointelegraph.com/news/canada-lags-stablecoin-approach-room-to-catch-up?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
🗞️ Source: Cointelegraph by Aaron Wood
💓 #CryptoRegulation #Stablecoins #CanadaFinance