More than 200 active investigations by state and provincial securities regulators
Court orders defendants to pay more than US$1.1 million in penalties and restitution
Working group to meet in September
More Canadian companies are holding cryptoassets as part of their business or for investment purposes
Coin Capital Investment Management will offer investment products focused on emerging technologies such as blockchain, AI and cryptocurrencies
Younger Canadians, women and lower-income individuals are more likely to consider investing in the new asset class
Although the FSB believes that crypto assets do not pose a material risk to global financial stability at this time, it recognizes the need to keep tabs on the fast-growing market
CSA report highlights investor education activities
The top reason among investors for buying into cryptoassets was interest in new technologies followed by speculation
The firm’s new securities division will offer trading in initial coin offering tokens and fractional equities, and provide other exchange services under regulatory oversight