Canada launches consultations on cryptocurrencies and stablecoins

The Canadian authorities announced the start of consultations on cryptocurrencies, stablecoins and digital currencies of the Central Bank – experts will study the possible risks associated with crypto assets and make their proposals on the budget. The federal government of Canada made the announcement in its 2022 Fall Economic Report. According to the document, the development of the cryptocurrency industry is transforming financial systems around the world, so the regulation of the country’s financial system…