Hive Advisory Inc. (HIVE) and the HIVE Network are following closely the Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) recent announcement and published notices that outline securities law requirements that will apply to crypto asset trading platforms.
According to the CSA and IIROC the notices provide gudiance on what is required for a cyrpto asset trading platform to comply with securities legistlation and bring their operations into compliance. Moreover, that the developed framework will provide guidance on how a crypto trading platform’s regulatory requirements can be tailored to it’s business, without compromising investor protection or market integrity.
The notices by CSA and IIROC, namely CSA Notice 21-327 Guidance on the Aplication of Securities Legislation to Entities Faciliting the Trading of Crypto Assets; and Joint CSA and IIROC Notice 21-329 Guidance for Crytpo Asset Trading Platforms: Compliance with Regulatory Requirements can be found within the CSA’s recent publications published uner the CSA regulatory Sandbox Committee.
The source of the information above is derived from the CSA’s and IIROC’s recent article, Canadian Securities Regulators Outline Regulatory Framework for Compliance for Crypto Asset Trading Platforms, published on March 29, 2021.
From blockchain to FINtech disruptions, the landscape of technology and application development is continuously evolving.
HIVE has experience in working with and identifying opportunities for tech start-ups, manufacturers and entrepreneurs in the technology space to penetrate new markets, optimize their operations and ensure their processes are within regulatory standards and best practices. HIVE has broadened understanding of the tech sector as well as blockchain technologies and can assist your company achieve its milestones.
As HIVE’s continued success lies in providing real value; experienced advice; and formidable services to HIVE Clients, we also need to thank the many supporters over the last year, as well as their continued interest into 2021 !
-Hive Advisory Inc.
