Cryptocurrency and blockchain technology are burgeoning and
disruptive areas. Almost daily, a new type of cryptocurrency or
cryptocurrency-related product is announced or a new application
for blockchain technology is found. Regulators are working hard to
respond to these developments with rules, decisions, guidance and
advisories.
Below are snapshots of some of the more interesting or
significant developments in this space over the past few
months.
UPDATES
CSA 2017/18 enforcementreport highlights cryptocurrency
The Canadian Securities Administrators (CSA) continue to conduct
ongoing research and analysis to monitor and mitigate fraud-related
risks associated with cryptocurrency offerings and initial coin
offerings. This includes: (i) establishing a taskforce in
collaboration with other CSA committees; (ii) engaging with their
international colleagues at the North American Securities
Administrators Association; and (iii) working with global digital
platforms
