A statement from the Canadian Securities Administrators (CSA), Canada’s provincial & territorial securities regulators, was issued overnight, on December 13.

  • In a nutshell, all crypto trading firms operating in Canada are banned from offering margin or leverage trading services to any Canadian clients.
  • crypto exchanges (websites) in Canada must also segregate custody assets from the platform’s proprietary business

More here at this link:

  • "Crypto trading platforms giving these undertakings agree to comply with expanded terms and conditions that will include, among other things, requirements to hold Canadian clients' assets with an appropriate custodian and segregate these assets from the platform's proprietary business, as well as a prohibition on offering margin or leverage for any Canadian client,"

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Bitcoin update:

btc 14 December 2022