Canada Approves Budget to Strengthen Stablecoin Policy

The Canadian Government Makes Progress on Stablecoin Policy

Led by Prime Minister Mark Carney, the Canadian government has taken a significant step forward in advancing its stablecoin policy with the 2023 budget plan. This successful budget initiative supports efforts to regulate digital currencies in the country.

The CEO of Coinbase Canada has proposed some revisions to make the process more efficient. The CEO's views may be considered to enhance the progress of stablecoin applications.