Canadian Regulators Issue Guidance Note for Crypto Derivatives Platforms

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The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) yesterday issued a notice outlining the steps that local cryptoasset trading platforms (CTPs) need to take in order to comply with the country’s regulations.
“This framework provides guidance on how the regulatory requirements may be tailored to a platform’s business, without compromising investor protection or market integrity,” explained Andrew Kriegler, president and CEO of the IIROC.

Per the announcement, the notice is primarily aimed at trading platforms that deal in crypto-based securities and derivatives as well as contractual rights or claims to digital assets such as Bitcoin or Ethereum.
Instead of creating additional rules specifically for CTPs, the regulators opted for broader guidance that would allow such platforms to integrate into the already existing regulatory framework in Canada. As such, CTP operators are advised to reach out to their local secu

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Źródło: https://decrypt.co/63345/canadian-regulators-issue-guidance-note-for-crypto-derivatives-platforms

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