Approval of Budget Strengthening Stablecoin Policy from Canada

Canadian Government Makes Progress on Stablecoin Policy

The government led by Prime Minister Mark Carney has taken a significant step towards advancing stablecoin policy with its 2023 budget plan. This successful budget effort supports the country's efforts to regulate digital currencies.

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