# Canada opens consultation on draft stablecoin rules, keeps yield ban

https://mins.news/en/item/115967

- CoinDesk, 2026-10-26 14:23 UTC
- Economy
- Original: https://www.coindesk.com/policy/2026/10/26/canada-opens-consultation-on-draft-stablecoin-rules-maintains-ban-on-yields

> Canada has opened a consultation on proposed stablecoin rules. The draft requires non-bank issuers to back tokens one-to-one with reserves held at qualified Canadian institutions and settle redemptions within three business days; the ban on yields remains in place.

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