Canadian Cryptocurrency Regulations , Cryptocurrency exchanges have to follow the same regulations as money service businesses. The land of the rising sun takes a progressive approach to crypto regulations, recognizing cryptocurrencies as legal property under the payment services act (psa). The new canada guidance came to light in the csa’s publication named guidance on the application of securities legislation to entities facilitating the trading of crypto assets.
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The company’s cryptocurrency arm, wealthsimple digital assets inc. The cryptocurrencies themselves, however, are not considered legal tender in the country. Cryptocurrency regulation is being discussed by legislators as of july 2018;
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