Cointelegraph.com NewsThe slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind.The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after the FTX debacle that shook markets and turned many lawmakers against the crypto industry.Regulating stablecoins as a security has seen few local stablecoin issuers arise, but…
The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind.The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after the FTX debacle that shook markets and turned many lawmakers against the crypto industry.Regulating stablecoins as a security has seen few local stablecoin issuers arise, but…
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