💥 CANADA CRACKS DOWN ON CRYPTO CUSTODY 🇨🇦
Canada has rolled out tougher crypto custody rules, pushing exchanges and platforms toward real accountability. Firms must now clearly disclose how user assets are stored and are legally responsible if customer funds are lost or mismanaged.
A key shift: regulators are moving to eliminate risky single-key custody models, mandating the use of regulated third-party or multi-layer safeguards instead.
🎯 The message is clear — custody risk is no longer a grey area. Platforms that can’t meet institutional-grade standards may struggle to operate, while compliant players gain trust and legitimacy.
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