The Canadian regulator prohibits crypto leverage and margin trading

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According to a statement from the Canadian Securities Administrators (CSA), the Board of Securities Regulators of Canada is enforcing stricter requirements for crypto companies following the collapse of the FTX crypto exchange last month.

All crypto trading firms operating in Canada will have to comply with the new conditions which include segregation of client assets and proprietary business assets, securing client assets with an “appropriate custodian”, and prohibiting the provision of margin or leverage to Canadian users.

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