The Bank of Canada wants stablecoins to be backed by high-quality liquid assets
By Promit Mukherjee and David Ljunggren OTTAWA, Dec 16 (Reuters) – The Bank of Canada says regulations on future Canadian stablecoins must ensure they are backed by high-quality liquid assets and are pegged one-to-one to the central bank’s currency, Governor Tiff Macklem said on Tuesday. The Liberal government said in November it would introduce regulations…