Thank you for that question.
Our enforcement directors and the CSA enforcement committee have met with representatives in relation to the financial crimes agency. They are also consulting with and providing their views to the federal government in the development of the stablecoin legislation. It is important. There will be the need to ensure that there is respect for the respective jurisdictions and that there's a really clear ability to share information and have co-operative and partnered oversight of entities, as stablecoin is used by different market participants for different purposes. These products and businesses move through jurisdictions, so we need to partner together.
At the highest level, we are partnering. We have offered our strong support for and our view that collaboration and information sharing are absolutely essential.
