Canada Extends Compliance Deadline for Crypto Trading Platforms Amid Stablecoin Concerns

Canada has extended the compliance deadline for cryptocurrency trading platforms to the end of 2024, addressing growing concerns over stablecoin risks, according to BlockBeats and DLNews on September 28.

Originally set for October, the new deadline aims to provide these platforms with additional time to meet regulatory requirements or develop safer alternatives. This extension reflects the Canadian securities regulator’s commitment to ensuring a secure trading environment in the rapidly evolving crypto landscape.

 

 

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