
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.
NEW: 🇨🇦 Canadian Investment Regulatory Organization excludes cryptocurrency funds from its "List of Securities Eligible for Reduced Margin". https://t.co/eGF3lJLODG
Canada's crypto industry turns to Alberta's ATB Financial https://t.co/FAGnDtHKZU https://t.co/jPYSDYySWV
⚡️ JUST IN: Canada restricts crypto funds from reduced margin eligibility due to concerns over volatility and liquidity risks, increasing the cost of leveraged trading https://t.co/VXDmNztHpZ




