The Canadian Securities Administrator (CSA) recently released
its 2019-2022 business plan (the
"Plan"), which reveals the CSA is
considering the development of a regulatory regime for crypto
assets and crypto trading platforms over the next three years.
The Plan was released on the heels of Consultation Paper 21-402
Proposed Framework for Crypto-Asset Trading Platforms,
issued by the CSA together with the Investment Industry Regulatory
Organization of Canada on March 14, 2019, which proposed a
framework of tailored regulatory requirements to address novel
features and risks related to the trading of crypto assets. For
more information on that paper, see our April 1, 2019 Update, Canadian Securities Regulators Propose to
Regulate Crypto-Asset Platforms.