COINOTAG News reports that Stablecorp Digital Currencies Inc., a leading Canadian digital asset infrastructure firm and the operator of the QCAD digital trust fund, has announced that after an extended regulatory review the QCAD digital trust fund has secured the final prospectus receipt. The receipt confirms compliance with the current Canadian stablecoin framework, enabling the issuance of QCAD tokens and positioning QCAD as the first regulated Canadian dollar stablecoin.
With regulatory clearance in place, market participants can reference QCAD as a credible digital currency instrument underpinning compliant digital asset operations in Canada. This milestone reinforces risk governance and disclosure standards for stablecoins under the Canadian stablecoin regulatory framework, supporting transparent issuance. Stablecorp’s progress highlights a credible pathway for both institutional and retail engagement in a compliant digital asset market.
Source: https://en.coinotag.com/breakingnews/qcad-becomes-canadas-first-regulated-canadian-dollar-stablecoin-after-final-prospectus-receipt
