This isn’t hype — Canada is officially overhauling its crypto custody framework, and the impact could be massive. Regulators are now pushing institutional-level security standards across all crypto platforms.
Exchanges and custodians must clearly disclose where and how user funds are stored. If assets are lost, companies will be legally responsible. The era of single-key custody is coming to an end, replaced by mandatory third-party safeguards.
The result? Stronger trust, tougher compliance, and higher operating costs. Canada is setting a new benchmark for accountability and transparency in crypto.
A more regulated — and more secure — crypto future is taking shape.
Disclaimer: Not financial advice.
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