VersaBank is developing a custody solution in compliance with the Canadian government's stablecoin regulatory program.
Foresight News reported that VersaBank, a federally licensed Canadian custodian, announced that it has begun collaborating with third-party stablecoin issuers to develop a national bank-based, SOC2 Type 1 certified custody solution that complies with the Canadian government's stablecoin regulatory program.
The Canadian government passed its budget on November 17, 2025, which includes the establishment of a comprehensive regulatory framework for stablecoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The three major U.S. stock indexes have turned lower, with the S&P 500 down 0.3%.
A whale shorted 1,232 BTC with 20x leverage, with unrealized profits reaching $28.7 million.
Numerai completes $30 million Series C funding round
"Machi" has been liquidated 145 times since the "1011 crash"
Trending news
MoreCrypto prices
More
