Canada: Budget Implementation Act enacting Stablecoin Act including authorisation and registration process passed first reading
Description
Budget Implementation Act enacting Stablecoin Act including authorisation and registration process passed first reading
On 18 November 2025, the Budget Implementation Act (Bill C-15) passed its first reading in the House of Commons. Division 45 of Part 5 introduces the Stablecoin Act, which sets out obligations for the issuance and offering of stablecoins. The Bill …
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2025-11-04
under deliberation
2025-11-18
under deliberation