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Canada pivots to stablecoins as cornerstone of its digital payments reform

The Bank of Canada will oversee the framework, allocating CA$10 million initially and CA$5 million annually. The Retail Payment Activities Act will be amended to include stablecoin-related payment services. Canada’s…

South Korea’s crypto reform plans offer tax cuts and funding access to companies

The move would give digital asset firms access to tax breaks and state funding. Dunamu paid ₩24 billion in taxes after losing venture status in 2018. Policy is part of…