OSC head promises 'most serious consequences' for crypto companies encouraging VPN use to avoid rules

Grant Vingoe, chief executive of Canada’s largest capital markets watchdog, said the growth of international platforms for buying and trading crypto that operate in “regulatory ambiguity” — without permission from either their home countries or the jurisdictions where targeted investors live — has created a “compelling” case for regulation in Canada.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

In June, the OSC logged two successful enforcement cases in a crackdown on “non-complaint” crypto asset trading platforms: a settlement with Bybit Fintech Ltd., and a Capital Markets Tribunal ruling against KuCoin that imposed a permanent market ban and “substantial” monetary sanctions. “Compliance systems are improving rapidly, and we will demand vigilance,” Vingoe wrote. “The solution for the residual risk will ultimately lie in increased international regulatory co-operation.”Article content

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

U.K. company denies cutting Canadian forests to fuel 'sustainable' power plantWood from primary forests in British Columbia has been used to fuel the U.K.'s largest power plant, according to a BBC investigation; the company denies the allegations. Chopping down trees doesn't seem so green now does it? So they decided to stop nuclear energy just to end up cutting down trees toncreate electricity? Peak irony British Columbia old growth forest
ソース: CTVNews - 🏆 1. / 99 続きを読む »

CIBC shuffles leadership in U.S. division, investment banking - BNN BloombergCIBC named Chief Risk Officer Shawn Beber as the new head of its U.S. division and tapped Susan Rimmer to lead the company’s global corporate and investment banking franchise.
ソース: BNNBloomberg - 🏆 83. / 50 続きを読む »