Canada’s OSFI Gives Tokenized Deposits Bank-Like Treatment Under 2027 Rules

TLDR: OSFI’s 2027 rules let qualifying tokenized deposits keep bank-like treatment when legal rights stay intact. Qualifying deposit tokens fall into Group 1a and generally receive the same credit-risk treatment as deposits. Banks must keep tokenized deposits redeemable at par, legally binding, and tied to issuer creditworthiness. OSFI can impose stricter liquidity treatment when wallets, [...]

The post Canada’s OSFI Gives Tokenized Deposits Bank-Like Treatment Under 2027 Rules appeared first on Blockonomi.