🇨🇦 BIG: CANADA UNVEILS DIGITAL ASSET CUSTODY FRAMEWORK
The Canadian Investment Regulatory Organization (CIRO) has released a new Digital Asset Custody Framework, setting clear custody standards for crypto trading platforms.
KEY POINTS:
• Defines how platforms must store and safeguard client crypto
• Strengthens custodian oversight and risk controls $LINK
• Aims to boost investor protection and market confidence $NEAR
WHY IT MATTERS:
• Signals Canada’s push toward institutional-grade crypto regulation
• Raises compliance bar for exchanges and custodians $BTC
• Could accelerate regulated crypto adoption in North America
MARKET TAKE:
Clear rules = lower uncertainty.
Canada continues positioning itself as a regulated but crypto-friendly jurisdiction.
