The Canadian Securities Administrators (CSA) has provided guidance to exchanges and cryptocurrency issuers on what it calls the Interim Approach to Value-Referenced Crypto-Assets, with a particular focus on stablecoins. Trading in certain cryptocurrencies that reference a single fiat currency value may be allowed, subject to terms and conditions, the statement said. If issuers maintain appropriate asset reserves with qualified custodians and cryptocurrency exchanges offering stablecoins are “open and governed…