The Canadian Securities Administrators (CSA), the overarching market regulator in the country, will tighten requirements for cryptocurrency exchanges. The info comes via news reports citing two unnamed sources "who have been briefed on the plans".
The CSA declined to reveal any details, saying it would do so "in the near future.”
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So, not much to go on. In the US the SEC is ratcheting up its oversight of crypto in the wake of the FTX debacle.
I posted this on crypto earlier in the week that contributed some much-needed positive sentiment in the sector:
BTC update:
