Canada Tightens Crypto Custody Rules to Reduce Investor Losses
Canada’s investment regulator has introduced stricter, tiered custody standards for crypto assets, aiming to reduce losses from fraud, hacks, and weak governance.
Canada’s investment regulator has introduced stricter, tiered custody standards for crypto assets, aiming to reduce losses from fraud, hacks, and weak governance.
The Bank of Canada has outlined strict expectations for stablecoins, signaling that only fully backed, transparent tokens will be permitted under forthcoming regulations.