The Block(@TheBlockCo):THE BLOCK: Canada's financial regulator OSFI says institutions may offer tokenized deposits if they comply with existing laws and consult with the agency first. It also said the underlying technology of a product does not determine the legal nature, meaning tokenized deposits are "not legally distinct" from traditional deposits.

The Block

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The Block@TheBlockCo

2026.09.11 05:37

THE BLOCK: Canada's financial regulator OSFI says institutions may offer tokenized deposits if they comply with existing laws and consult with the agency first. It also said the underlying technology of a product does not determine the legal nature, meaning tokenized deposits are "not legally distinct" from traditional deposits.