Canada proposes unusual capital principles for crypto holdings

Canada proposes novel capital principles for crypto holdings

Canada’s financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Financial Institutions (OSFI), the proposed rules will simplify institutions’ approach to perceived crypto risks, defining four categories of crypto assets and their capital treatment. OSFI

USD/CAD drops as Financial institution of Canada situation to hike once more

USD/CAD drops as Monetary institution of Canada design to hike again

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