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Canada issues new guidance for digital currency exchange regulation Business
Authorities in Canada have published new updated guidance for digital currency exchanges operating in the country, in a move that could lead to the introduction of mandatory licensing requirements.
Two Canadian regulatory agencies published the proposals which target crypto-asset trading platforms, or CTPs, The Globe and Mail reported. The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada published the proposals in order to delineate where existing securities legislation applies to the activities of digital currency businesses.
As per the proposals, new licensing requirements would be introduced for digital currency platforms that retain control over customer funds. The rules will not extend to non-custodial exchanges, unless they also offer margin trading.
New Regulatory Guidance Requires Immediate Attention from Crypto Trading Platforms | Bennett Jones LLP
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GoviEx Uranium Inc.: GoviEx Engages Uranium Marketing Professional
GoviEx Uranium Inc. (TSXV:
GoviEx or
Company ), is pleased to announce that it has engaged Mr. Christopher Mark Lewis to head the Company s Uranium Marketing efforts. Chris brings considerable experience in uranium marketing to the GoviEx Team. Having recently updated our pre-feasibility study for the Madaouela Uranium Project
(1) and given our positive outlook for the uranium market, we are focused on putting in place the key areas necessary to support the future development of Madaouela - including technical capabilities to advance our efforts around, the completion of the future feasibility study, and financial and marketing expertise to enhance our access to future project financing and uranium offtake and contracting arrangements. Expanding our team to include a seasoned professional like Chris will bolster our access to global nuclear utilities at a time when utility attention is beginning to turn to u