Canada's draft stablecoin rules cap redemption fees at 1%, ban yield
Holders could redeem any amount within three business days, and reserves must be held with a Canadian custodian.
6 stories this week 12 in all, from the Alternatives desk.
Holders could redeem any amount within three business days, and reserves must be held with a Canadian custodian.
SoSoValue data cited by CoinDesk put inflows at more than $1 billion for the week's first three sessions; DeFi tokens led the decline.
CoinDesk reported a Monday start pending review; contract size, fees, margin and regulator are not given.
CoinDesk's Oct. 17 column says assets can move between apps and serve as collateral; its summary names no custodian or terms.