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Canada Regulator Clears Tokenized Deposits for Banking System

Bitcoin.com News·September 12, 2026·1 min read
Canada Regulator Clears Tokenized Deposits for Banking System

Canada's banking regulator, OSFI, has cleared tokenized deposits for use by banks, stating they are not legally distinct from traditional deposits. This paves the way for financial institutions to adopt onchain rails, marking a significant regulatory endorsement for blockchain-based banking infrastructure.

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