-
CSA extends crypto firms’ stablecoin deadline
Crypto trading platforms are getting a six-month extension to comply with interim requirements with regard to trading stablecoins. Back in October 2023 the Canadian Securities Administrators (CSA) set an April 30, 2024 deadline for crypto platforms to comply with terms and conditions allowing investors to trade in so-called value-referenced cryptoassets, such as stablecoins, which aim to peg their value to a fiat currency or other assets. CSA announced on Wednesday it is pushing that deadline to Oct. 31. Without the extension, crypto platforms that don’t comply with the CSA’s interim requirements in this area ... (full story)