Circle Announces Becoming First Stablecoin Issuer to Meet Canada’s New Listing Rules
In an announcement, Circle said its regulated subsidiary became the first stablecoin issuer to commit to comply with the requirements of the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA) for value-referenced cryptoassets (VRCAs).
This helps Circle’s U.S. dollar-denominated stablecoin USDC be made available on a registered crypto-asset trading platform in the Canadian market. Registered crypto-asset trading platforms operating in Canada and complying with VRCA requirements can continue to offer USDC beyond the CSA’s December 31, 2024 deadline for delisting non-compliant stablecoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers
In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.

Why Nintendo Stock Is One to Watch Ahead of the Holiday Season

A wallet address sold 1.44 million TRX via SunSwap in exchange for 460,000 USDT.

Data: Whales have cumulatively withdrawn approximately 13.4 million USDT from a certain exchange.