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The Bank of Canada says regulations on future Canadian stablecoins must ensure they are backed by high-quality liquid assets and be pegged one-to-one to a central bank currency, Governor Tiff Macklem said on Tuesday. The Liberal government said in November that it would be introducing regulations next year for stablecoins, a form of cryptocurrency which are convertible to a fiat currency at par. "We want stablecoins to be good money, like bank notes or money on deposit at banks," Macklem said. "A stablecoin must be pegged at a one-to-one ratio to a central bank currency and be backed by high-quality liquid assets. #Canada $BTC
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HASSETT ON JOBS DATA: SEE SOLID UPWARD TRAJECTORY -CNBC INTERVIEW HASSETT ON FED: TRUMP THINKS INTEREST RATES COULD BE LOWER HASSETT ON FED: HE'S RIGHT, PLENTY OF ROOM TO LOWER RATES #TRUMP $BTC #usa
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Solana (SOL) remains under bearish pressure, extending its decline for the third consecutive day with over 1% loss at press time on Tuesday. An ongoing Distributed Denial of Service (DDoS) attack on the Solana blockchain, peaking at 6Tbps, remains ineffective so far but continues to add pressure on traders’ sentiment. Additionally, the derivatives market sentiment is bearish, as Open Interest falls and funding rates turn negative. The Solana blockchain has held strong amid an ongoing DDoS attack over the past week, peaking at 6 Terabytes per Second (Tbps) and transferring over billions of packets per second.#solana $SOL
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No i kolejny wspaniały dzień na rynku. Jedni się cieszą bo kupią tanio inni są pod wodą. Traderzy z longami polikiwdowani albo na mega minusie. W sumie nikt nic nie wie mamy średniowiecze. Troche jak władza w polsce. NAWET Na square wieje pustką 😐 #polska $BTC $ETH $SOL
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