CIRO unveils new crypto custody framework for Canadian trading platforms

CIRO unveils new crypto custody framework for Canadian trading platforms

CIRO’s new digital asset custody framework takes effect immediately, raising standards for crypto trading platforms as regulators push to reduce investor risk.

CIRO Issues Tough New Crypto Custody Rules to Prevent Fraud in Canada

New rules bring stricter standards for CTPs to store and protect customers’ crypto assets. Custodians are sorted based on financial strength, insurance, management, and stability. A platform itself is only allowed to directly hold up to 20% of its clients’ crypto. Canadian Investment Regulatory Organization (CIRO), Canada’s self-regulatory body for investment dealers and trading platforms, has issued new custody rules for crypto platforms it ove…

Canada Introduces New Crypto Custody Rules to Protect Investors After QuadrigaCX Collapse

The post Canada Introduces New Crypto Custody Rules to Protect Investors After QuadrigaCX Collapse appeared on BitcoinEthereumNews.com. Canada tightens crypto custody rules to protect investors and prevent failures like QuadrigaCX. Crypto platforms must meet higher security and governance standards, with ongoing regulatory oversight. The Canadian Investment Regulatory Organization (CIRO) has announced that Canada has introduced new crypto custod…

Canada Crypto Custody Framework Aims to Protect Investors

Canada is making crypto custody safer with new rules for digital asset platforms. On February 3, 2026, the Canadian Investment Regulatory Organization (CIRO) released its Digital Asset Custody Framework. The framework requires platforms to clearly explain how they store customer funds and hold firms responsible if money goes missing. CANADA TIGHTENS CRYPTO CUSTODY RULESCanada's new regulatory framework forces clearer disclosures on how platform…

Canada Adopts New Crypto Rules to Safeguard Investors

Canada implements new crypto regulations to protect investors post-Quadriga scandal, focusing on registration and asset custody.

Canada Sets New Rules to Protect Crypto Investors After Quadriga Fraud More Stories ETHNews

Canada’s investment regulator, CIRO, has launched a new set of safety rules for crypto platforms to prevent another disaster like the QuadrigaCX collapse. The 2026 “Digital Asset Custody Framework” forces companies to be more transparent about how they store customer money and makes them legally responsible if that money goes missing. The goal is to move away from the “single point of failure” model, where one person has all the keys, and toward…