Canada Set for National Stablecoin Regulation Launch in November 2025

Canada is poised to introduce its first nationwide regulations for stablecoins, aiming to establish clear regulatory frameworks and foster responsible innovation in the growing stablecoin market. Finance Minister François-Philippe Champagne and Deputy Governor Ron Morrow of the Bank of Canada are leading this initiative, with consultations involving industry players like Stablecorp. The regulations are expected to be officially enacted by November 2025, as part of the federal budget. This move follows extensive discussions with regulators, industry stakeholders, and the Bank of Canada, who believe clear standards are vital for resilient payment systems.