Page 120 of the Canadian Federal 2025 budget introduces framework for issuance of fiat-backed stablecoins.

I know a lot of the new gets focused on the big players and I have yet to see this in the news anywhere. Another positive but we already knew that.

The framework will be a $10 million dollar investment by the feds and will occur in 2026/2027.

The retail payments activity act will also be made to enable retail payment using stablecoins.

Does this mean full port? No, but solidifies some of the key crypto as a future in the global market in one more country.

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