Government attitude and definition –
As in many countries, the regulation of cryptocurrencies in Canada is divided among various levels of government and administrative agencies, depending on the nature of the activity undertaken. Despite these jurisdictional constraints, Canadian regulators generally continue to take a receptive and innovative approach to regulation, including, for example, in approving crypto-based exchange-traded funds (“ETFs”) and developing a pragmatic regulatory oversight and compliance framework under provincial securities regulation.
Originally published by Global Legal Insights.
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