The Office of the Superintendent of Financial Institutions (OSFI) is opening public consultations on two draft guidelines updating its capital and liquidity approach to crypto assets.
On July 26, six pieces of legislation were being considered by the House Financial Services Committee including ones on regulatory clarity and consumer protection in the space.
The controversial crypto project’s new sign-ups have dwindled and numbers pale in comparison to the 2 million sign-ups before the launch of the project.