Policy Reference

Canada

Explore Canada’s crypto laws, including exchange registration, securities rules, taxes, AML compliance, and digital asset regulation.

Canadian Securities Administrators, CSA
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Law database

2 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Canada Stablecoin Act Bill C-15 Enacted Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Current Effective Effective: Pending

Sponsored by Minister of Finance and National Revenue

An Act respecting stablecoins

Canada’s Stablecoin Act creates a federal framework for fiat-backed stablecoin issuers, with Bank of Canada registration, reserves, redemption, disclosure, AML/ATF and enforcement provisions. Enacted but not yet in force.

Last action: Mar 26, 2026 - Received Royal Assent; enacted as S.C. 2026, c. 3, s. 600.

Profile Stablecoin Act
Canada CARF Income Tax Reporting Measures C-31 In committee Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Current Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Minister of Finance and National Revenue

Budget 2025 Implementation Act, No. 2 — Crypto-Asset Reporting Framework Income Tax Act measures

Bill C-31 would add Part XXI to Canada’s Income Tax Act to implement OECD CARF, requiring reporting crypto-asset service providers to collect user tax-residence data and report covered crypto transactions to the CRA.

Last action: Jun 3, 2026 - Second reading completed and referred to House committee; report stage, third reading, Senate stages, and Royal Assent not reached.

Next: Jan 1, 2027 - Proposed first reporting year

Profile LEGISinfo — Bill C-31 Milestone source

Information is for general purposes only and not legal advice. See full disclaimer.