Canada's draft stablecoin rules, released October 24, 2026 under Canada's Stablecoin Act enacted in March 2026, require non-financial institution issuers to register with the Bank of Canada

From the articleCanada’s Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield - DecryptAlso in Canada Opens Consultation Under Stablecoin Act, Expecting Implementation in 2027, Canada Seeks Comment on Stablecoin Rules, Plans to Bar Non-Financial Issuers From Paying Interest