Fintech in Canada Q1 2025

Written By Matthew Flynn, Simon Grant and Kwang Lim
May 16, 2025

The Canadian regulatory landscape continues to evolve with updates from the Canadian Securities Administrators and the Bank of Canada. Our Q1 2025 update provides insight into key regulatory developments affecting the industry, identifying key guidance to help navigate these intricate regulatory changes seamlessly.

Key topics include:

  • The Bank of Canada publishing a list of payment service provider applicants and contacting non-registrants ahead of the September 2025 deadline.
  • The first stablecoin issuer to file an undertaking with Canadian regulators for USDC.

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Key Contacts

Simon  Grant
Simon Grant
Co-Head of Banking & Secured Transactions Practice
Kim  Lawton
Kim Lawton
Partner
Cheryl M. Woodin
Cheryl M. Woodin
Co-Head of Litigation and Dispute Resolution Department
Robert W. Staley
Robert W. Staley
Vice Chair and Partner

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