Bank of Canada: Stablecoin regulations may be introduced in the second half of 2027
According to ChainCatcher, Reuters reported that Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, stated while testifying before the Senate that the design of Canada's stablecoin regulatory framework is fully underway and is expected to be introduced between mid and late 2027.
She noted that the previously planned target for early 2027 was rather ambitious.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WTI remains above $83.50 as Iran fires missiles following US strikes
Oil jumps more than 2% after US attack on Iran's Larak island
Itochu says no decision yet on reported Dentsu Soken tender offer
After Waller's hawkish speech, the market focuses on "rate hikes", but Morgan Stanley says balance sheet reduction is more likely.
After the Jackson Hole meeting, the market's focus has shifted to interest rate hike expectations. However, Morgan Stanley economist Carpenter pointed out that Walsh's long-standing stance on reducing the $7 trillion balance sheet should not be overlooked. It is expected that the Federal Reserve may begin a balance sheet reduction of more than $1.5 trillion next year, partially replacing rate hikes.
Crypto prices
More
