Following the passage of a landmark stablecoin bill in the United States in July, Canada plans to introduce regulatory legislation for fiat-backed stablecoins within the framework of its 2025 federal budget. According to the Canadian government's 2025 budget released on Tuesday, stablecoin issuers must meet the following requirements: hold sufficient reserves,...
Canadian Prime Minister Carney: Canada plans to recognize a Palestinian state at the 80th United Nations General Assembly in September 2025.