Circle announces becoming the first stablecoin issuer to meet Canada's new listing rules

Odaily Planet Daily News: Circle has announced that its regulated subsidiary has become the first stablecoin issuer to commit to complying with the requirements of the Ontario Securities Commission (OSC) and the Canadian Securities and Exchange Commission (CSA) for Value Reference Crypto Assets (VRCAs). This helps Circle's stablecoin USDC, priced in US dollars, to be available on registered cryptocurrency trading platforms in the Canadian market. Registered cryptocurrency trading platforms operating in Canada and complying with VRCA requirements can continue to provide USDC after the deadline for CSA to remove non compliant stablecoins on December 31, 2024.