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Registration Required For Cryptocurrency Platforms In Canada Within 30 Days,
Tighter Controls Put in Place for Crypto Exchanges and Margin Trading in Canada
Registration Required For Cryptocurrency Platforms In Canada Within 30 Days
The Canadian Securities Administrators (CSA) stated last Wednesday that cryptocurrency platforms must register in order to safeguard cryptocurrency buyers. The Canadian Securities Administrators (CSA) is the parent body for Canada's province and local securities authorities.
Tighter Controls Put in Place for Crypto Exchanges and Margin Trading in Canada
The Canadian Securities Administrators (CSA) will introduce a coordinated supervision framework for cryptocurrency transactions later this month. All bitcoin trading platforms seeking registration will be required to sign undertakings that agree to investor safeguards under the new guidelines.
Canadian bank plans to launch dollar-backed digital currency 'in the coming months'
VersaBank will issue the digital currency to its partners, which will then make the ERC-20 token available to individuals and businesses.
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