VASP Tracker › Canada
Canada crypto licensing: Stablecoin Act
Date not set Not yet in force; provisions start on a date fixed by order. Finance Canada expects regulatory work to run 12–18 months from early 2026, with the framework coming into force in 2027 (no exact date).
- Regulator
- Bank of Canada
- Legal basis
- Stablecoin Act (S.C. 2026, c. 3, s. 600)
Justice Laws · Stablecoin Act
Finance Canada · Canada's Stablecoin Framework - Official register
- No register yet (the Act is not in force). The Bank of Canada will register non-financial-institution issuers.
- Pending
- Not yet in force; provisions start on a date fixed by order. Finance Canada expects regulatory work to run 12–18 months from early 2026, with the framework coming into force in 2027 (no exact date).
What is changing
Canada's Stablecoin Act puts stablecoin issuers under Bank of Canada supervision. It received Royal Assent on 26 March 2026 but is not yet in force; its provisions start on a date fixed by order.
Timeline
- royal assent
The Stablecoin Act receives Royal Assent, enacted by section 600 of the 2026 budget implementation statute (S.C. 2026, c. 3).
Sources: Justice Laws · Stablecoin Act official
A company-level tracker for Canada is in preparation. This page covers the rules and dates only. CSV
Cite this
VASP Tracker, “Canada crypto licensing: Stablecoin Act”, https://vasptracker.com/en/ca/ (20 Oct 2026), CC BY 4.0.