.canada is taking a look at cryptocurrencies, stablecoins and central bank digital currencies, with the government noting how crypto is 'transforming financial systems.' nikhileshde reports
Canada's federal government announced it was launching a consultation on"cryptocurrencies, stablecoins and central bank digital currencies" in a fiscal update published Thursday.
Cryptocurrencies are"transforming financial systems" both in Canada and elsewhere, the document said, adding that Canada's financial regulatory frameworks have to"keep pace."
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