🇨🇦 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.

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