FTX’s collapse pushed Canada’s already sturdy cryptocurrency laws additional, providing safety to shoppers and stability for compliant platforms however leading to some main international platforms, like Binance, quitting the nation as a result of they weren’t prepared to conform.
“I feel we’re very lucky in Canada, to not have seen a home collapse in the identical method that you simply’ve seen some in another locations, internationally,” stated Gowling WLG associate Adam Garetson. “I attribute numerous that to the applying of the regime that’s been set out by the Canadian Securities Directors.”
