The Story
News Summary
- Canada's banking regulator, OSFI, clarified that tokenized bank deposits are legally equivalent to traditional deposits.
- The technology-neutral stance enables federally regulated Canadian banks to develop blockchain-based products under existing banking frameworks and capital standards without waiting for dedicated cryptocurrency rules.
Explore USDCAD price history & advisor snapshot
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Stored market data
USDCAD price history
1.40
+1.45% over the displayed period
Advisor Snapshot
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