The robustness of Canada’s regulation of the trade in cryptocurrency has made it “inherently attractive” to domestic and foreign dealers and portfolio and fund managers active in what has become a burgeoning asset class.
“It’s a robust regulatory review that looks at facets that I don’t think are looked at globally, whether it’s counterparty risk, custodians, internal control, [or] cybersecurity,” said Julie Mansi, a partner at Borden Ladner Gervais who has extensive experience in securities regulation.
