The Canadian Securities Administrators has set out new rules for unregistered cryptocurrency trading platforms operating in Canada after a wave of bankruptcies in the space including FTX, Voyager Digital and Celsius Network
The Canadian Securities Administrators has set out new rules for unregistered cryptocurrency trading platforms operating in Canada after a wave of bankruptcies in the space including FTX, Voyager Digital and Celsius Network.
Among the new rules is a requirement that unregistered trading platforms have written permission from the regulator before allowing clients to buy or deposit so-called stablecoins, a term regulators say is misleading and instead refers to them as value-referenced crypto assets.
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