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Stablecoin News: Canada Allocates $10 Million to Launch Stablecoin Regulation Program

Canada commits $10 million for stablecoin regulation. New laws will require reserves and risk management, following U.S. footsteps. Canada is set to introduce new legislation. This will regulate fiat-backed stablecoins under its federal budget for 2025. This move follows the U.S. passing landmark laws for stablecoins in July. Therefore, stablecoin...