Feb 6, 11:53 AM

Canada Bans Reduced Margin Eligibility for Crypto Funds, Increasing Costs for Trading Amid Volatility Concerns

Canada has enacted a ban on reduced margin eligibility for cryptocurrency funds, citing concerns over volatility and liquidity risks. This regulatory move, implemented by the Canadian Investment Regulatory Organization, aims to increase the costs associated with leveraged trading in the crypto market. The decision reflects a broader clampdown on the cryptocurrency sector amid rising concerns about market stability. In light of these changes, some players in Canada's crypto industry are reportedly turning to Alberta's ATB Financial for support.

#Canada #Canadian Investment Regulatory Organization #Alberta #ATB Financial

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