Canada Urges Caution as no Cryptocurrency Exchange Guarantees User Security

Yes, no exchange is safe, yet.
Yes, there has been some delay before the first anti-hack exchange technology is launched
But I can assure you it’ll worth the wait.
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Canada Urges Caution as no Cryptocurrency Exchange Guarantees User Security

The Canadian Securities Administrators (CSA) issued a warning note to investors on June 6, 2018, which called for caution when trading on cryptocurrency exchanges. Despite online exchanges claiming to be registered or verified, the CSA clarified that none of them were recognized officially in Canada.

CSA Urges Caution

The CSA is the authority on regulating securities in Canada. Its jurisdiction is spread over ten provinces and three territories and is responsible for developing a proper framework for securities trading and investor protection.

The CSA-issued press release appealed the Canadian citizens to express caution when dealing with cryptocurrency trading platforms, as no operator has the requisite permission to formally run trading operations in the country……

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