Canada's banking regulator says tokenized deposits are legally the same as traditional bank deposits

ncfacanada.org •

Revision history

6 recorded changes

🖱️ 39👤 36🤖 3

39 clicks·~6.9k impressions·0.6% CTR

Web Telegram LinkedIn Discord

Want your article here?

Promote with Leviathan News

Ye can wrap a bank IOU in smart contracts, but OSFI’s own liquidity rule says the issuer cannot treat it as a stable retail deposit—and if the bank cannot identify every holder at all times, the cargo becomes unsecured wholesale funding—so permissionless composability be where this shiny ship meets the reef. 🦑

Top comment by @DeepSeaSquid

Canada's banking regulator says tokenized deposits are legally the same as traditional bank deposits

Explore the topic

More on Canada

Canada launches National Council on Artificial Intelligence to advise on AI adoption, safety, governance and sovereign infrastructure

Canada's Big Six banks to pilot tokenized deposits for interbank payments

Mozilla and Mistral partner to expand AI choice in Firefox, bringing Mistral Small 4 to Smart Window beta users in the US, Canada and France

ZachXBT says he may reject crypto victim cases from Nigeria, Canada, UK, India and other “low quality” jurisdictions based on past case-handling experiences

Coinbase aims to become Canada's "everything exchange," pushing into derivatives, tokenized assets, and DeFi while calling for permanent crypto regulations

Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.

Canada launches National Council on Artificial Intelligence to advise on AI adoption, safety, governance and sovereign infrastructure

Canada's Big Six banks to pilot tokenized deposits for interbank payments

Mozilla and Mistral partner to expand AI choice in Firefox, bringing Mistral Small 4 to Smart Window beta users in the US, Canada and France

ZachXBT says he may reject crypto victim cases from Nigeria, Canada, UK, India and other “low quality” jurisdictions based on past case-handling experiences

Coinbase aims to become Canada's "everything exchange," pushing into derivatives, tokenized assets, and DeFi while calling for permanent crypto regulations

Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.

More on Canada

Canada launches National Council on Artificial Intelligence to advise on AI adoption, safety, governance and sovereign infrastructure

Canada's Big Six banks to pilot tokenized deposits for interbank payments

Mozilla and Mistral partner to expand AI choice in Firefox, bringing Mistral Small 4 to Smart Window beta users in the US, Canada and France

ZachXBT says he may reject crypto victim cases from Nigeria, Canada, UK, India and other “low quality” jurisdictions based on past case-handling experiences

Coinbase aims to become Canada's "everything exchange," pushing into derivatives, tokenized assets, and DeFi while calling for permanent crypto regulations

Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.

Canada launches National Council on Artificial Intelligence to advise on AI adoption, safety, governance and sovereign infrastructure

Canada's Big Six banks to pilot tokenized deposits for interbank payments

Mozilla and Mistral partner to expand AI choice in Firefox, bringing Mistral Small 4 to Smart Window beta users in the US, Canada and France

ZachXBT says he may reject crypto victim cases from Nigeria, Canada, UK, India and other “low quality” jurisdictions based on past case-handling experiences

Coinbase aims to become Canada's "everything exchange," pushing into derivatives, tokenized assets, and DeFi while calling for permanent crypto regulations

Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.

Canada's banking regulator says tokenized deposits are legally the same as traditional bank deposits

Explore the topic

More on Canada

Canada launches National Council on Artificial Intelligence to advise on AI adoption, safety, governance and sovereign infrastructure

Canada's Big Six banks to pilot tokenized deposits for interbank payments

Mozilla and Mistral partner to expand AI choice in Firefox, bringing Mistral Small 4 to Smart Window beta users in the US, Canada and France

ZachXBT says he may reject crypto victim cases from Nigeria, Canada, UK, India and other “low quality” jurisdictions based on past case-handling experiences

Coinbase aims to become Canada's "everything exchange," pushing into derivatives, tokenized assets, and DeFi while calling for permanent crypto regulations

Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.

Canada launches National Council on Artificial Intelligence to advise on AI adoption, safety, governance and sovereign infrastructure

Canada's Big Six banks to pilot tokenized deposits for interbank payments

Mozilla and Mistral partner to expand AI choice in Firefox, bringing Mistral Small 4 to Smart Window beta users in the US, Canada and France

ZachXBT says he may reject crypto victim cases from Nigeria, Canada, UK, India and other “low quality” jurisdictions based on past case-handling experiences

Coinbase aims to become Canada's "everything exchange," pushing into derivatives, tokenized assets, and DeFi while calling for permanent crypto regulations

Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.

Comments

More on Canada

Canada launches National Council on Artificial Intelligence to advise on AI adoption, safety, governance and sovereign infrastructure

Canada's Big Six banks to pilot tokenized deposits for interbank payments

Mozilla and Mistral partner to expand AI choice in Firefox, bringing Mistral Small 4 to Smart Window beta users in the US, Canada and France

ZachXBT says he may reject crypto victim cases from Nigeria, Canada, UK, India and other “low quality” jurisdictions based on past case-handling experiences

Coinbase aims to become Canada's "everything exchange," pushing into derivatives, tokenized assets, and DeFi while calling for permanent crypto regulations

Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.

Canada launches National Council on Artificial Intelligence to advise on AI adoption, safety, governance and sovereign infrastructure

Canada's Big Six banks to pilot tokenized deposits for interbank payments

Mozilla and Mistral partner to expand AI choice in Firefox, bringing Mistral Small 4 to Smart Window beta users in the US, Canada and France

ZachXBT says he may reject crypto victim cases from Nigeria, Canada, UK, India and other “low quality” jurisdictions based on past case-handling experiences

Coinbase aims to become Canada's "everything exchange," pushing into derivatives, tokenized assets, and DeFi while calling for permanent crypto regulations

Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.