Canadian Authorities Launch Stricter Digital Asset Custody Standards

IfIWereOnChain · 2026-02-14T11:11:58+00:00

Canada's investment oversight body has implemented a comprehensive framework to enhance the digital market ecosystem, aiming to restore investor confidence after past crises. The new regulations focus on stricter custodial standards and layered security measures, fostering a safer trading environment for digital assets.

IfIWereOnChain

2026-02-14 11:11:58

Abstract generation in progress

The Canadian securities regulator has taken significant steps to strengthen the digital market ecosystem. By launching a more comprehensive digital asset safeguarding framework, this authority aims to create a safer trading environment for investors.

Background: Restoring Market Confidence

This latest regulatory initiative comes in response to the trust crisis that has affected the Canadian crypto industry. The collapse of QuadrigaCX in the past left deep scars on local investors’ psychology. By implementing stricter safeguarding standards, regulators are committed to preventing similar scenarios and rebuilding the credibility of the digital asset market in Canada.

CIRO Framework for Digital Asset Protection

As Canada’s primary investment regulator, CIRO has designed a comprehensive set of oversight requirements. This framework focuses on applying higher safeguarding standards, including dual oversight mechanisms and layered security protocols. Industry analysis indicates that these regulations are intended to significantly reduce investor risk exposure through the implementation of more rigorous and transparent verification procedures.

Impact and Outlook of Regulations in Canada

This digital asset safeguarding policy is effective immediately and reflects Canada’s commitment to sustainable industry development. These progressive steps are expected to enhance institutional investor confidence in local trading platforms and open long-term growth opportunities for Canada’s crypto ecosystem.

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