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ARTICLE · 10 OCTOBER 2023

Pragmatic Approach To Regulating Crypto Asset Trading Platforms

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Recent developments in the U.S. crypto asset industry, such as the recent FTX scandal, SEC filings against Binance and Coinbase, and the recent Ripple Labs ruling,

CanadaFinance and Banking
Marcelo Ciecha
Marcelo Ciecha
Daniel Fuke
Daniel Fuke
Mike M. Stephens
Mike M. Stephens
Kosta Kostic
Kosta Kostic
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Recent developments in the U.S. crypto asset industry, such as the recent FTX scandal, SEC filings against Binance and Coinbase, and the recent Ripple Labs ruling, have shed a light on the absence of regulation targeting trades of crypto assets in the U.S.
In contrast, despite not taking a firm position as to whether certain crypto assets constitute securities or derivatives, Canadian securities regulators have established a framework that has enabled crypto asset trading platforms to offer crypto assets to the public and investment fund managers to offer public crypto asset investment funds to Canadian investors.

We've prepared an guide of the framework developed by Canadian securities regulators, in which we explore the following topics:

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