Is crypto regulated in Canada?|Any person or company that trades or advises in securities or derivatives must register with a provincial or territorial securities regulator. .A crypto asset trading platform (CTP), depending on how it operates, may be subject to securities regulation
Could you kindly explain the regulatory status of cryptocurrencies in Canada? I'm particularly interested in understanding the requirements for individuals or businesses engaging in crypto trading or providing advice related to securities or derivatives. Would they need to register with a provincial or territorial securities regulator? Also, would a crypto asset trading platform (CTP) be subject to securities regulation, and if so, how does the nature of its operations determine its regulatory obligations? Thank you for your clarification.