top of page
  • Deborah

The new requirement announced on August 15, 2022 by the Canadian Securities Administrators (CSA) compels crypto asset trading platforms (CTPs) to file «a pre-registration undertaking to their principal regulator to continue operations while their application is reviewed».


By providing these undertakings [See undertaking filed by Coinsquare to the Ontario Securities Commission], CTPs must comply with terms and conditions that address investor protection concerns and are consistent with requirements currently applicable to registered platforms. The undertakings also provide clarity on the regulatory status of CTPs.


CTPs that do not comply with this requirement may be subject to action by its regulator.

The undertakings will be available on the CSA’s website.


Recent Posts

See All

Information, Communication Technology (ICT) systems, generally includes all hardware, software, applications and systems that combined enable people and organizations to communicate digitally. ICT enc

25 January 2023 - Comments requested on Financial Conduct Authority (FCA) proposed Sustainability Disclosure Requirements (SDR) and investment labels. 6 February 2023 - Comment period closes for the u

Last November, 2022 the Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO) published their Level 3 assessment of cyber resilience on 37 Finan

bottom of page