[Canada May Announce New Stablecoin Regulations in Federal Budget] Canada is accelerating the development of stablecoin regulatory rules and may announce relevant updates in the federal budget released on November 4. It is reported that Canadian Finance Minister Chrystia Freeland will address the topic of stablecoin regulation in the budget document. Government officials have recently engaged in in-depth discussions with regulatory agencies and industry participants. Due to the lack of relevant legislation, Canadian regulators consider stablecoins as potentially constituting securities or derivatives, but some experts suggest treating them as payment tools under strict regulation.