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ARTICLE · 08 OCTOBER 2024

Canadian Securities Administrators Further Extend Compliance Deadline In Interim Approach To Value-Referenced Crypto Assets

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On September 26, 2024, the CSA provided a further update for crypto asset trading platforms (CTPs) that are registered, or that have provided a pre-registration undertaking (PRU)...

CanadaFinance and Banking
Owen Gaffney
Owen Gaffney
Francesca Guolo
Francesca Guolo
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On September 26, 2024, the CSA provided a further update for crypto asset trading platforms (CTPs) that are registered, or that have provided a pre-registration undertaking (PRU), on the interim approach set out in Staff Notice 21-333 – Crypto Asset Trading Platforms: Terms and Conditions for Trading Value-Referenced Crypto Assets with Clients ("SN 21-333"). SN 21-333 addresses the application of terms and conditions in registration and exemptive relief decisions or PRUs related to "Value-Referenced Crypto Assets" (VRCAs). Details concerning SN 21-333 can be found in our Updates, Canadian Securities Administrators Announce Guidance on Trading of Value-Referenced Crypto Assets for Crypto Trading Platforms and Canadian Securities Administrators Announce Enhanced Pre-Registration Undertaking Requirements for Crypto Trading Platforms.

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