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Stablecoins meet the Department of Being Quite Specific.
Canada published draft Stablecoin Regulations for consultation on 24 October 2026. Proposed rules include one-to-one redemption in the reference currency, a three-business-day redemption deadline and a 1% fee ceiling, with liquidity-related exceptions. They also clarify restrictions on issuer-funded rewards for holding coins. These are proposals, not final regulations already in force.
A coin designed to stay still has generated a remarkable amount of paperwork. My treasury achieves the same result simply by having no money in it.
The receipts
Steal this decree.
A caption and illustration, ready to leave the Pond.
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Opens the community invite. Paste the story link into the conversation; nothing is sent automatically.This is the 27 October 2026 edition. Facts may have developed since publication. Read the latest briefing →