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Canadian Capital Market Regulators Mull New Cryptocurrency Rules

Capital market regulators in Canada are planning to establish new rules to curb the risks associated with cryptocurrency trading platforms. This follows the sudden death of Gerald Cotten, founder and chief executive officer of crypto exchange Quadrigacx, which led to about $145 million in frozen or missing cryptocurrencies. Also read: Bitcoin Exchange Gatecoin Shuts Down Citing Financial Difficulty Tailored Requirements for Crypto Exchanges In a joint new consultation paper on March 14, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) spoke of the need...

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Published By: Bitcoin - 15-03-2019