Digital Asset Custody Regulation CIRO Covers Broad Security Standards in Canada

SolidityJester · 2026-02-14T05:15:35+00:00

CIRO, the Canadian investment regulator, has introduced a comprehensive regulatory framework for digital asset custody to enhance investor protection in the crypto trading ecosystem. This initiative responds to market trust issues after the QuadrigaCX collapse, imposing stricter oversight measures.

SolidityJester

2026-02-14 05:15:35

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Canada’s investment regulator, CIRO, has launched a comprehensive regulatory framework for digital asset custody designed to cover the entire crypto trading ecosystem across Canada. According to a report from NS3.AI, this initiative introduces stricter oversight requirements to ensure maximum protection for investors active on digital trading platforms.

This regulatory framework is effective immediately and is a strategic response to market confidence being shaken following the collapse of QuadrigaCX a few years ago. CIRO has implemented more comprehensive custody standards, including independent audits, fund segregation, and periodic reporting to regulatory authorities. This move reflects a regulatory commitment to rebuilding the credibility of the crypto industry across Canada through more substantial protection against counterparty risk and fraud.

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