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<ul><li>Canadian crypto platforms must register as investment dealers and join CIRO to comply with the CSA regulations.</li><li>CSA and CIRO will no longer support interim restricted dealer registrations for crypto platforms.</li><li>CIRO provides guidance and thoroughly reviews crypto platforms&#39; membership applications.</li></ul>Crypto trading platforms (CTPs) in Canada are approaching a critical deadline to align with regulatory requirements. The Canadian Securities Administrators (CSA) and the Canadian Investment Regulatory Organization (CIRO) have issued a reminder for CTPs to prioritize their applications for registering as investment dealers and membership with CIRO. This move ensures compliance with Canadian securities laws and promotes a regulated trading environment for crypto assets.In March 2021, the CSA and the Investment Industry Regulatory Organization of <a href="https://cryptotale.org/sol-etf-incoming-3iq-pioneers-solana-focused-investment-product-in-canada/" rel="noopener noreferrer nofollow">Canada</a> (now CIRO) published Staff Notice 21-329, offering guidance for CTPs on compliance with regulatory requirements. According to the notice, CTPs that facilitate trading in crypto assets that are securities, derivatives, or contracts based on crypto assets must register as investment dealers and join CIRO. The interim approach allowed CTPs to operate as restricted dealers temporarily while they worked towards full registration and membership. However, this period was expected to last only two years, and that time frame has now expired.<a href="https://cryptotale.org/canadian-crypto-platforms-race-to-meet-regulatory-deadline/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Canadian Crypto Platforms Race To Meet Regulatory Deadline

CryptoTale

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