Canadian regulators have tightened regulations on stablecoins, citing investor protection. At the Blockchain Futurist conference in Toronto, CIRO’s Susan Lasrado said the 2023 CSA rules were necessary to protect Canadian markets. The measures have led to firms like Binance pulling out, but others like Gemini have adapted. The new rules require written regulatory approval for stablecoin transactions and prohibit lending to assets that aren’t securities. 📉