CandleFocus Canada’s OSFI sets new crypto risk guidelines for banks as adoption surges
2025-02-21
Author: Content Editor
Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has released new guidelines for banks regarding their exposure to cryptocurrency. The rules require banks to evaluate their own crypto holdings and the exposure of their customers to digital assets. While the risk to Canada's financial system is currently seen as low, the adoption of cryptocurrencies is increasing rapidly. The framework creates a two-tiered system for assessing the impact of crypto exposure on banks' capital and liquidity. Banks with minimal exposure must deduct their crypto holdings from their capital, while banks with larger exposures must classify their digital assets according to risk. The new rules will come into effect in early 2026. OSFI is also considering making regulatory data on banks' exposure to crypto-assets public.
Related News
Robinhood stock plunges 14% in worst week since August as crypto surge fades AI-Powered Cryptos Surge as Injective and Bittensor Lead Market Engagement Can Pi Coin Price Hit $3.4 ATH as Pi Network Founder Quashes “Scam” FUD? Whales Accumulate 140K Ethereum ($ETH) XRP Remains Stuck Below $3 as Whale Numbers Decline Slightly SEC's Coinbase Reversal Is Only the Latest Pro-Crypto Shift Under Trump Coinbase says full dismissal of SEC lawsuit is imminent 4 Altcoins to Never Buy This Cycle Crypto ETF updates signal regulatory evolution Base Faces Market Turmoil: Is Coinbase’s Layer-2 Network at a Crossroads? US crypto index ETFs off to slow start in first days since listing Mainland China courts rule crypto has no legal currency or protection status in investor dispute Franklin Templeton seeks SEC approval for a Solana ETF involving staking Solana vs Ethereum, a tale of two blockchains — Which will be the victor? Wave Joins Efforts with KLK Foundation to Revolutionize Web3 Trading Ripple CEO Reacts to SEC's Surprising Decision ‘Biggest crypto hack in history’: Bybit exploit is latest security blow to industry Ethereum (ETH) Drops 5% After $1.5 Billion Bybit Hack: What’s Next? Bitcoin Price Analysis: Bybit Hack Sparks Market Volatility; BTC Tests Key Support at $95,000 Trump’s tariffs may lead to savings for Americans through tax cuts: Research Bitcoin Price Crash: Why is BTC Down Today? Altcoins Primed for a Massive Pump From Current Level, According to Crypto Analyst – But There’s a Catch Florida Woman Accused of $850K Trump Solana Meme Coin Theft, Faces Deportation North Korea? ZachXBT says an “organization” is behind Bybit’s hack $35 Billion Bitcoin Stun Crypto Exchanges in 24 Hours, BTC to Break $100,000 Bitcoin is Predicted to Reach $ 108,429 By Feb 26, 2025 Lawmakers Prepare for Key Crypto Hearings on Capitol Hill Fermion Protocol Redefines Luxury Ownership with $1M Dolce & Gabbana Glass Suit Fractionalization Bitcoin comes back to life — Does data support a rally to $100K and higher? ‘ShameFi’ takes over Crypto Twitter What is ‘when lambo’ in crypto? Crypto terms explained Plunging U.S. Stocks Help Add to Crypto's Bad Day My Top 3 Takeaways From Fidelity And Voltage’s Recent Lightning Report What is Tor browser? The onion router explained U.S. Marshals Service, Managing Seized Assets, Can't Say How Much Crypto It Holds This Week in Meme Coins: FARTCOIN, POPCAT Suffer While BRETT Posts Gains Ethereum Holds Key Support: Is a Breakout Toward $4,000 Next? OKX Ventures Invests in Pre-Seed Investment Round of Cygnus Finance OpenEden Launches OpenDollar (USDO): A Game-Changer in Stablecoins SEC's expected move to dismiss Coinbase case signals agency 'ending the attack on the crypto industry' BREAKING: Binance and Bitget Reportedly Deposit 50,000 ETH to Bybit Cold Wallets ConsenSys Submits Letter to SEC on DeFi Rule Amendment Concerns Coinbase CEO Gives Victory Speech After Coinbase-SEC Case Ends Argentina’s crypto adoption hopes dim after Milei’s LIBRA memecoin scandal U.S. Senators Push for SEC to Rethink Crypto Staking in Exchange Funds Bitcoin, XRP and Dogecoin Sink Amid Inflation Fears and Bybit Hack Fallout “To be honest right now, everyone is affected,” Bybit’s Jan says Recent crypto liquidation scared off YouTube’s retail audience: Ran Neuner Why The SEC Needs to Allow Staking in Exchange-Traded Products Do Crypto ETFs Belong in Your Portfolio? PEPE Erases Zero Amid Crypto Market Rebound, What's Next for Price? Trump’s digital tax memo signals potential impact on US crypto firms Fidelity Exec Says Bitcoin and Gold Are on the Same Team A framework, a standard, an intent Safe wallet pauses certain functionalities after Bybit hack Lido’s stVaults to go live on Northstake XRP price could surge after the SEC vs Coinbase deal Bybit confirms withdrawals are active, warns of delays Somnia Unleashes Shannon Testnet: The Next Leap in Blockchain Scalability More than 50 non-crypto native companies are building on Ethereum: Galaxy LINK Price Action Turns Cautious As Bearish Pennant Shapes Up Solana to integrate SEC-approved yield-generating stablecoin with 3.85% APR Telegram Game 'Farm Frens' Plots Migration to Line After Botched Base Token Airdrop Bybit Turkey Also Releases a Statement on the Massive Hack Attack Price analysis 2/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, SUI, XLM SEC Set to Drop Coinbase Lawsuit, But Is Ripple’s Battle More Complex? Bitcoin Surges Above 25-Day EMA – Is $100K the Next Stop? REI Network to Reshape Smart Cities via Blockchain in Collaboration with PathPulse AI VeChain’s POA 3.0 Is Here—Major Upgrades & No More KYC for All! Is It a Bear or a Black Swan? Five Macroeconomic Events That Tested – and Proved – Crypto’s Resilience Bitcoin Hits $98K as Crypto Market Cap Surges to $3.40T; Small-Caps Lead Gains Bybit Seeing 'Massive Withdrawals' After $1.4 Billion Ethereum Theft: CEO Why These Altcoins Are Trending Today — February 21 Stripe, PayPal are ‘primary catalysts’ for stablecoin growth — Polygon Labs 'The largest crypto theft of all time': Historic $1.4 billion Bybit hack shocks world of digital assets Bitcoin Nears $100K as Trading Volume and Futures Interest Surge FPPS Is Not A Free Lunch For Bitcoin Miners Dogecoin (DOGE) Liquidation Fades, but There's Catch China M1 Data Misinterpreted: No Liquidity Injection, Say Analysts Litecoin (LTC) News: Litecoin price Surges 5%, But These 3 Cryptos Also Offer Greater Profit Potential 'Healing Has Begun': Cardano Creator Reacts to Coinbase Lawsuit Verdict Costa Rica Makes First Foray Into Crypto with New Bitcoin ETF Conference Bitcoin Afrique: A Bitcoin-Only Revolution in French-Speaking Africa Market Veteran Brandt Identifies When Bitcoin Could Break Out of the Ongoing Consolidation Charles Hoskinson Defends Elon Musk’s Role in Trump Administration as Senate Debate Lingers Bitcoin's Lightning Network Capacity Jumps 384% Fed Might Turn Hawkish as Crypto on Rise, Bloomberg's Mike McGlone Hints Crypto Whales Bought These Altcoins in the Third Week of February 2025 BREAKING: Statement from Binance Founder Changpeng Zhao on Bybit Hack Incident! “You Should Do This” Toncoin (TON) Price Prediction for February 21 Ethereum Price Tumbles After Billion-Dollar Bybit Breach Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.4B Bybit Hack Statement from Altcoin Allegedly Affected After Massive Bybit Hack: Developers Spoke ? BREAKING NEWS: Bybit CEO Speaks Out About the Alleged Theft of a Huge Amount of Assets: He Confirmed the Hack Attack – Here’s What... Donald Trump and Bitcoin: can the idea of a reserve in cryptocurrency become a reality? DOGE Price Prediction for February 21 FTX creditor Sunil reveals a gap in bankruptcy claims jurisdiction coverage SHIB Price Prediction for February 21 NEAR Protocol to Get Institutional Support with New Laser Digital Fund SingularityNET, Bitgrit Team Up for More AGI Breakthroughs SBF always played both sides of the aisle despite new Republican plea ZachXBT warns followers not to get scammed as he turns off DMs Chiliz (CHZ) Forms Rounding Bottom Pattern as Market Eyes Potential Return to $0.50 Resistance CZ: Binance Employee Crypto Trade Ban Could Limit User Insight Sui Price Sees Explosive Growth Amid Increasing Daily Active Addresses: Will It Hit $8? Shadow Exchange’s TVL Grows By $115 Million in Two Weeks; SHADOW Token Reaches ATH of $201.83 XRP News: With the Latest XRP ETF Updates, Will XRP Price Surge to NEW ATH? Bitcoin faces $100K test: Bull trap or 'bonafide' BTC price breakout? Binance TR Implements New Crypto Transfer Regulations Binance Square launches ‘trader profile’ to verify and follow traders Societe Generale-FORGE Launches Euro-Backed Stablecoin on Stellar Cardano Hits New User Milestone as Decentralized Governance Takes Off Buy alert as Stellar (XLM) signals imminent rally Sonic price forms rare pattern: is a 50% surge coming? XRP, DOGE, Solana, Litecoin: ETF Store President Speaks Out on SEC Worldcoin (WLD) Surges 9.46% as Trading Volume Spikes 45.79% New Competitor for Dogecoin Price Emerges in 2025 This Altcoin Could Overtake DOGE soon Shiba Inu Gears Up for Potential Price Surge Amidst Positive Inflows Almost 700,000 Transactions: XRP Waking Up From Sleep South Korean ‘coin king’ re-arrested for $47m crypto fraud Official TRUMP Price Prediction: What to Expect on Feb 22 ? SEC's Coinbase Decision Reflects Stock Market Positively, Bitcoin Price Reaches $100,000! Here Are the Details Why Blockbuster Games Will Soon Be Built on Modular Appchains Ethereum (ETH) Price Today: Key Levels to Watch as Chinese Money Supply Nearly Doubles SEC and the Future of Crypto Startups – Looking Good Kraken mulls USD stablecoin as MiCA forces USDT removal: Report Here’s XRP Price If Ripple Handled Nearly $9T Transactions Per Day How to Get Rich with Cryptocurrency: 10 Powerful Methods for 2025 Bitcoin Key Indicator Signals Major Move on Horizon: Potential Scenarios Blockchain interoperability will accelerate institutional success Cardano Bulls Rejoice: Strong Move Indicates Breakout Hasn’t Failed Yet Ethereum Price Analysis: ETH at a Critical Crossroad – Where to Next? BNB Chain eyes mid-March hard fork to add native smart contract wallets Ripple (XRP) Price Predictions for This Week Solana sees declining user activity as memecoin rug pulls erode trust WalletConnect Foundation secures $10 million in oversubscribed token sales, including 11-second sellout on Echo Avalanche Stabilizes Above $22.50 As Traders Remain Uncertain MetaMask Boosts Support for Clear Signing in Collaboration with Ledger Dogecoin Price On The Edge: Breakout Or Breakdown—What’s Next? According to Bernstein Report, This Crypto Exchange Will Triple Its Trading Volume! What Does It Mean? LIDO Whales Offload Millions, Triggering Market Volatility and Investor Caution PEPE Coin Holds Key Support Despite Bearish Sentiment 210,000,000 DOGE in 48 Hours Followed by This Sudden Pivot: Details AI predicts DOGE price for March 1, 2025 Here is Predicted Price of Shiba Inu If It Matches XRP, BNB, or Solana Market Cap Crypto Market Faces Weak Demand, Needs Trump Initiatives to Kick In, JPMorgan Says Russia Faces Surge in Crypto Crime, Supreme Court Prepares Legislation Copper says potential Trump scrutiny of US gold reserves could drive bitcoin inflows AI in crypto compliance: Looking for a balanced approach | Opinion MANTRA trading volumes spikes 55% as OM tracks to 10$ Breaking: SEC Agrees to Dismiss Coinbase Case. Is Ripple Next? Bitcoin price must close week above $97K for 'attack to the ATH' — Analysis SOL rebounds 4.3%, surpassing $180 after LIBRA fallout Mawari and Nankai Electric Railway partner for the Digital Entertainment City Namba project FTX claims from 163 jurisdictions ‘not eligible’ for distributions Binance Alpha Onboards B3, FLUID, TOKEN, CPOOL, DRIFT: Expanded Crypto Access Ethereum Founder Vitalik Buterin: LIBRA Crash Proves ‘Education Is So Important’ Jason Fang, Founder of Sora Ventures unveils the MicroStrategy 2.0 framework for Asia Trader Says Ethereum Competitor That’s Up 140% in Three Weeks To Go ‘Way Higher,’ Maps Path Forward for Bitcoin No New Ripple USD (RLUSD) in 10 Days, What's Happening? Dogecoin Whales Grab 110M DOGE Amid Recent Dip, Is A Breakout Brewing? Bitcoin: hashrate declining due to difficult market conditions Phantom Wallet Hits Record Monthly Revenue in February 2025 Ethereum Builds Momentum: Can ETH Price Reclaim $3,000? Is ChowWow Presale Set to Become the Next Big Memecoin After Dogecoin? Solana Aims for $180 Breakout: Will It Propel SOL to $260? VIRTUAL Price’s 24% Surge Ignite Hope, But Negative Sentiment Looms TRM Labs Report: TRON Leads the Way in Illicit Volume Reduction, Credit to T3 Financial Crime Unit Crypto Price Analysis February-21: ETH, XRP, ADA, BNB, and SOL Bitcoin’s Range-Bound Trading Ethereum Could Benefit, Analysts Say Crucial Crypto Warning Issued by Binance CEO SPX6900 surges 15% after Coinbase listing amid investor frenzy Gary Cardone dumps his XRP position at $2.71, doesn’t think XRP army will get rich 515 Trillion Shiba Inu: SHIB Faces Titanic Resistance Story (IP) Leaves Top AI Coins in the Dust with 189% Surge Odds of Kanye West launching a token just spiked to over 80% Bitcoin Now At $98,611: Will $100K Be the Next Stop? Kaito AI token defies influencer selling pressure with 50% price rally Cardano founder outlines post-quantum security strategy amid Microsoft chip milestone 20,423,263 SHIB on Go, What’s Happening? Sol Strategies Partners with Tetra Trust for Secure Solana Staking Bitcoin Price Prediction: BTC Price Over $100,000 AGAIN Soon? PDX Global’s crypto-fiat payment app debuts on App Store and Google Play Bybit Announces Complete Liquidation Data Disclosure via API to Set Industry Benchmark South Korea Ends Years-Long Ban on Institutional Crypto Trading: 2025 Target XRP price will see $3.20 next if key support level is reclaimed — Analyst 'Alt Season Has Begun,' Says CryptoQuant Founder Shiba Inu On-Chain Activity Declines as Shibarium Transaction Volume Plummets 96% Pi Network asks investors to beware of fake Pi listings on various DEXs River CEO warns that Bitcoin at risk from quantum computers, sees no danger for banking stays Bitwise CIO Confirms There Is Massive Demand for XRP ETF Argentina’s Senate hands Javier Milei a win amid crypto rug pull scandal 3 Altcoins That Reached All-Time Highs Today — February 21 DappLaunch to Advance Web3 Services in Partnership with ChainGPT Finance Veteran Gary Cardone Sells Entire XRP Portfolio, Shares 6 Reasons for His Exit Analyst Predicts Dogecoin Price After Breakout From Boring Phase The Memecoin Craze Continues! Another American Celebrity Is Launching His Own Memecoin! Here's That Name Messari Report Shows Cardano Recorded All-Rounded Growth in 2024 Top 3 Reasons Why Shiba Inu Price Could Explode Nearly 300% KAITO Price Prediction: February 22 – Will $1.80 Resistance Break? US spot Bitcoin ETFs surpass $750 billion in cumulative trading volume, led by BlackRock's IBIT Will Litecoin ETF Advancements Push LTC Price Above $200? Ethereum Price Prediction: Will ETH Break Through $2,800? 'Rich Dad Poor Dad' Author: Bitcoin Will Be Fastest to Recover and Climb to New Highs If Crash Happens Solana’s token minting frenzy loses steam as memecoins get torched How Bitcoin’s Rising Exchange Reserves Threaten its Rally To $100,000 Litecoin (LTC) on Verge of Repeating XRP and Solana (SOL) Success Bitcoin mining sector expands as ASIC count surged 7% in 2024: report Soneium Kicks Off ACS Program with 100M ASTR Incentives Bitcoin Exchange Bithumb Announced That It Has Delisted These Two Altcoins! Here's Why Cardano Founder Says ADA to Remain a Deflationary Asset Bitcoin Exchange Upbit Announces It Will List This Altcoin On Its Spot Trading Platform! Here Are The Details Ethereum ICO Participant Golem Dumps 4,850 ETH on Binance and Coinbase VanEck Research Tool Shows How Bitcoin Reserve Could Clear US National Debt by 2049 Immutable co-founder: Several billion-dollar gaming firms are exploring token launches South Africa's Michael Saylor Revealed! Investment Firm Wants to Make Bitcoin a Reserve Asset! Bitcoin (BTC) Lost $365 Million: Bull Run Cancelled? "The Knee on Crypto's Neck is Lifting": Hidden Road CEO on MiCA License, Industry's Future Hedera (HBAR) Bleeds $17 Million in Outflows, Threatening $0.20 Support Hong Kong regulator in 'active' talks to introduce crypto ETF staking under new roadmap: HashKey BlackRock continues investment meetings with companies amid stricter SEC rules JTO soars nearly 30% after Upbit announces listing Ethereum Price: Analysts Predict $10K Amid Strong Accumulation What to Expect Next for Solana Price? Analytics Company Claims “Bullish Divergence”, Shares Key Levels COZ introduces fiat on-ramp into Neon Wallet in latest update Elon Musk’s Latest Post Triggers Explosive Growth in Dogefather-Themed Coins Analyst Says XRP Crash Incoming, Panic Sells Everything, but Here’s the Full Story U.S. spot Bitcoin ETFs record three consecutive days of net outflows Top Angel Investor Expects Strategy's Bitcoin Bet to Fail Bitcoin and Ethereum Face Crucial Test with $2.04 Billion Options Expiry Hong Kong Boosts Capital Markets with Revolutionary Tokenization Technology Maker (MKR) Price Rallies Amid Massive $156M Burn, What’s Next? XRP & HBAR “Massive” Rallies Possible as Whales Accumulate: Analyst Will Bitcoin and Altcoins Crash As Japan’s Yen Carry Trade Unwind Fears Peak? Cardano Price Prediction for February 22: Grayscale’s ETF Filing Fuels ADA Price Outlook Story [IP] joins top 10 AI tokens, but is a 15% drop ahead? $108K BTC price next? Bitcoin reaches bull market 'pivot point' Fed's Michael Barr responds to crypto debanking concerns, says the central bank tries to be 'straight up the middle' Bitcoin Price Recovers Strongly—Is a New Rally Beginning? LUNC price crash: why Terra Luna Classic is sending mixed signals Study: Political Memecoins Lead to Investor Disillusionment SafeMoon CTO changes plea to guilty in $200M crypto fraud case Solana ecosystem struggles – Traders, should you be worried? Litecoin txs surge 243% in 5 months amid ETF hype: Santiment ONDO leads RWA space on THESE fronts – Will its price follow? Here Is How High Shiba Inu Must Rise to Become Top 3 Crypto Uniswap nears critical support: UNI’s $10 rebound depends on… US Seizes Millions in Crypto With Binance Ties—Feds Uncover Global Fraud Ring Bitcoin Price Analysis: Short-Term Bulls Eye $98,800 Breakout for Rally Toward $100,000 Market Metrics and Experts Signal Delay in Altcoin Season Despite SEC ETF Talk Cardano Founder Warned About Third Parties Monetizing Access to President Milei Ethereum Could Target $3,000 Once It Breaks Current Supply Levels – Analyst Helium Mobile expands presence in Mexico CharacterX and KLK Foundation Unite to Power the Future of AI and Web3 Finance Here Is How High Shiba Inu Must Rise to Become Top 3 Crypto Blockchain for climate mitigation; Vietnam as UN’s key ally US Bitcoin miners pivot to AI and HPC amid fee revenue uncertainty – VanEck SEC Reshuffles Crypto Lawsuits—Is Ripple on the Verge of Legal Victory? Ross Ulbricht calls for ‘Bitcoin Jesus’ Roger Ver to be freed next XRP Price Eyes New ATH As Grayscale’s XRP ETF Filing Enters US SEC Review Fox News’ Jesse Watters pleads with Elon Musk as DOGE hammer swings close to home SUI Price Eyes Bullish Breakout as Potential Golden Cross Emerges Coinbase CEO Sees Meme Coins as Gateway to Mass Crypto Adoption Utah’s Bitcoin reserve bill heads to second Senate reading Altseason Watch: XRP, ADA, SUI Lead Price Surge Plus Five More to Watch Crypto.com, Kraken Consider Launching Own Stablecoins in Europe Pi Coin Price Prediction: Token Crashes 55%, Analyst Says ‘Hold Your Pi Coins’ Crypto Market Sees Stalled Momentum Following Bitcoin’s Faltered Price Discovery Attempt Pi Network (PI) Distributes Record Airdrop But Indicators Show Weak Momentum Can Shiba Inu Price Surge 422%? This Pattern Signal SHIB New All-Time High UX and Security Will Define Crypto Wallets’ Future, Says Trust Wallet Tron Leads With 2.60M Users And Impressive $256.8M Revenue: Key Blockchain Metrics ‘Trump effect’ — just 1 in 3 Australians say Trump good for crypto: Survey Crypto exchanges enter stablecoin race as Tether’s dominance slips Shiba Inu (SHIB) Golden Cross Can Happen Soon, First Solana (SOL) Comeback, Ethereum (ETH) Breakthrough Incoming? Canary Capital’s Litecoin spot ETF listed on DTCC under ticker LTCC 'Illuvium' Ethereum Game Studio Undergoes Restructuring Amid 'Rebuild' Ethereum Foundation wants a social media guru to help it ‘yap better’ Trump’s newly confirmed FBI Director Kash Patel holds $115,000 in Bitcoin Will Pi Coin Price Hit $10 After Open Mainnet Launch? Binance Gets Recognition from Hong Kong Police, CEO Affirms to Combat Against Crimes in Crypto Javier Milei invites Vitalik Buterin to host Ethereum’s Devconnect in Argentina amid LIBRA token controversy Russian authorities unblock website of crypto exchange data aggregator BestChange Are Solana ETF Approvals ‘In the Bag’? Experts Weigh In FET Bullish Divergence Hints at 45% Surge, Buy Signal? Story Protocol IP Token Surges 149% In a Day—One Week After Launch Opensea reclaims NFT market share, surging to 71.5% after SEA token announcement KAITO Price Tries to Recover as Top Holders Exit Just After Airdrop Ethereum Leads as Top Blockchain Despite TVL Decline Vitalik Buterin would rather leave crypto community than embrace blockchain casinos XRP lawyer Deaton slams Sen. Warren, Trump, and Putin for Ukraine war SEC Withdraws Appeal in DeFi Dealer Classification Case Canada’s OSFI sets new crypto risk guidelines for banks as adoption surges
