🇨🇦 CANADA SETS THE BAR HIGHER FOR CRYPTO SECURITY

Canada’s top investment watchdog, CIRO, has rolled out a new Digital Asset Custody Framework—and it’s a big deal for crypto investors.

🔐 From hacking protection to fraud prevention, the new rules enforce stricter custody standards for crypto trading platforms.

📊 A 4-tier risk system now decides how much client crypto a custodian can hold—ranging from 100% for top-tier security down to 40% for higher-risk custodians.

🏦 Brokerages holding assets in-house? Capped at just 20%.

Mandatory audits, insurance, cybersecurity controls, and clear liability rules are now part of the game—all shaped by lessons from the QuadrigaCX collapse.

⚖️ Investor protection meets innovation—Canada is tightening the rules without closing the door on crypto’s future.

#BTC #bitcoin in #CryptoRegulation n #CanadaCrypto #DigitalAssets $BTC $BITCOIN

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