Canada’s OSFI says tokenized deposits are legally no different from traditional deposits, CoinDesk reports

CoinDesk says the clarification gives federally regulated banks a green light to build on blockchain without a new regulatory category.

1 Source, 21d ago, first seen 21d ago

TLDR

CoinDesk reports that Canada’s banking regulator, OSFI, confirmed tokenized deposits are legally no different from traditional bank deposits. The outlet describes this as a green light for federally regulated banks to build on blockchain without a new regulatory category.

Today's Rank

—

Not ranked yet

Combined views

115.2K

1 Source, first seen 21d ago

1.1K likes63 comments142 saves228 reposts

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.