Canadian Regulator Releases Crypto Trading Platform Guidelines

Rahul Nambiampurath
·1 min read

BeInCrypto –

Canadian authorities have issued a guideline for crypto trading platforms. The guideline covers marketing practices, securities violations, gambling style contests, and social media use.

The Canadian Securities Administrators (CSA), the country’s regulatory body for securities, published a guideline for crypto trading platforms on Sept 23. The document concerns the requirements for advertising, marketing, and social media use, among other things.

Crypto exchange concerns

The notice was jointly issued by the CSA and the Investment Industry Regulatory Organization of Canada. These entities cite the publishing of a guideline was necessitated because of “certain advertising activities and marketing strategies by platforms that trade crypto assets.” They are concerned that some trading platforms and crypto exchanges may be violating securities requirements and raising investor protection concerns.

This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto