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ARTICLE · 20 SEPTEMBER 2022

Canadian Regulators Level The Playing Field For Crypto Trading Platforms

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On August 15, 2022, the Canadian Securities Administrators (CSA) announced that they expect unregistered crypto trading platforms that continue to operate in Canada to...

CanadaTechnology

On August 15, 2022, the Canadian Securities Administrators (CSA) announced that they expect unregistered crypto trading platforms that continue to operate in Canada to provide a pre-registration undertaking to their principal regulator while their application for restricted dealer or investment dealer registration and associated exemptive relief is being reviewed. Earlier in August, CSA members accepted such pre-registration undertakings from Crypto.com and Coinsquare Capital Markets. The new undertaking requirement is consistent with previous CSA guidance.

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