币界网报道：Canada has introduced new regulations classifying certain stablecoins as securities, marking a significant shift in the country's crypto market oversight. The Canadian Securities Administrators (CSA) announced that stablecoins backed by underlying assets—such as fiat currencies or commodities—will now fall under securities laws, requiring issuers to comply with registration and disclosure requirements. This move aims to enhance investor protection and market transparency but has raised concerns among industry players about potential operational challenges. Major stablecoin issuers like Tether and Circle may need to adjust their compliance strategies for the Canadian market. The CSA emphasized that the rules apply to both domestic and international entities offering stablecoins to Canadian users. The decision aligns with global trends toward stricter stablecoin regulation, following similar actions by the U.S. SEC and EU’s MiCA framework. Industry analysts suggest this could impact liquidity and adoption of stablecoins in Canada, though long-term benefits may include increased institutional participation. The regulations take effect immediately, with a grace period for compliance adjustments.