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Canada Regulator Clears Tokenized Deposits for Banking System

The Office of the Superintendent of Financial Institutions adopted an innovation-friendly approach to tokenized deposits, stressing that they are “not legally distinct” from traditional deposits, paving the way for banks...

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Canada Regulator Clears Tokenized Deposits for Banking System
The Office of the Superintendent of Financial Institutions adopted an innovation-friendly approach to tokenized deposits, stressing that they are “not legally distinct” from traditional deposits, paving the way for banks and other financial institutions to build onchain rails for their operations. Canadian Banking Regulator Takes A Stance Regarding Tokenized Deposits The Canadian financial system has […]

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This maps to the Tokenization hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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