In a recent LiquiTrade Ltd.(2024 BCSECCOM (July 3, 2024)) decision, the British Columbia Securities Commission (BCSC) found that LiquiTrade Ltd., operating the crypto trading platform LATOKEN (the Platform), was trading derivatives without proper registration and operating as an unrecognized exchange in British Columbia. The platform allows users to trade digital assets, charges fees, and retains…
SEC Ends ETH Investigation
Last week, Consensys on a X.Com platform posted that the SEC had closed its investigation into Ethereum 2.0 protocol. This comes after Consensys filed a…
How Do Canadian Securities Laws Apply to Crypto Trading Platforms?
On March 29, 2021, the Ontario Securities Commission (OSC) issued an announcement notifying crypto trading platforms (CTPs) offering trading in securities or derivatives that they…
Understanding Canadian Crypto Contracts
Recent staff notices by the Canadian Securities Administrators (the CSA) have used a “crypto contracts” term, but the meaning of this term has not been entirely…
Regulating Stablecoins in Canada As Securities
On February 22, 2023, the Canadian Securities Administrators (CSA) published CSA Staff Notice 21-332 Crypto Asset Trading Platforms: Pre-Registration Undertakings. Changes to Enhance Canadian Investor…
Biden Administration maps out the Digital Assets Future…but how much time it takes to actually get to an overarching US digital asset policy is anyone’s guess
On March 9, 2022, U.S. President Joe Biden issued an executive order “On Ensuring Responsible Development of Digital Assets” (the Order). The key message of…