Circle Internet Group, Inc. announced that its subsidiary has become the first stablecoin issuer committed to adhering to the requirements of Canadian securities administrators for Value-Referenced Crypto Assets (VRCAs). This allows USDC, the stablecoin denominated in U.S. dollars, to continue trading on cryptocurrency platforms in Canada after December 31, 2024. Circle emphasized its commitment to complying with global regulations and creating a transparent financial ecosystem.
12/5/2024 3:28:23 PM (GMT+1)
Circle has become the first stablecoin issuer committed to complying with OSC and CSA requirements, allowing USDC to continue trading in Canada until December 31, 2024 💰
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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