Canadian Securities Regulators Deliver Bear Hug to Crypto Asset Trading Platforms Operating in Canada | Blake, Cassels & Graydon LLP
An overview of the existing regulatory requirements applicable to CTPs; Key risks identified by the CSA and IIROC from the operation of CTPs; Areas where flexibility may be available in how regulatory requirements will be applied to CTPs; and Compliance steps that a CTP needs to take, including interim steps that may allow a CTP to operate as it prepares to fully integrate into the securities regulatory framework. Beyond indicating that CTPs operating in Canada are subject to regulation under the current securities regulatory framework, the Staff Notice notes that an existing registered firm ...
Source: jdsupra.com
