Canada proposes stablecoin redemptions with no minimum amount and a 1% fee cap
The October 24 draft separates issuer processing from bank receipt and preserves its proposed fee ceiling during a reserve-market liquidity exception.
Stablecoins, DeFi protocols and on-chain capital flows.
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The October 24 draft separates issuer processing from bank receipt and preserves its proposed fee ceiling during a reserve-market liquidity exception.
The October 23 rollout starts with PayMe payments, while HSBC documents separate app wallets and keeps banking-app investment access forthcoming.
The October 23 announcement expands policymaker participation in cross-border settlement work involving regulated stablecoins and tokenized deposits.
Responses are due November 18 on existing-requirement guidance and proposed interpretations of cryptoasset exclusions, including technical access to DeFi.
The final GENIUS Act rule keeps the issuer yield ban and two-business-day redemption ceiling, with implementation set for January 18.
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