In its recent decision in Lochan v. Binance Holdings Limited, the Ontario Court of Appeal upheld the certification of a class action brought on behalf of Canadian investors who purchased cryptocurrency products (Decision). It...more
The Ontario Securities Commission (“OSC”) completed a focused compliance review of the know-your-client (“KYC”), account appropriateness assessment and Client Limit (as defined below) practices of crypto asset trading...more
La Cour d’appel de l’Ontario (la « CAO ») a rendu récemment une décision dans l’affaire Lochan v. Binance Holdings Limited (l’« affaire Lochan »), confirmant la décision de première instance selon laquelle la convention...more
New ERC-4337 Smart Contract Standard Released to Enhance Wallet Security - According to reports, Ethereum has deployed a new feature known as “account abstraction,” which has been in development for two years and can “make...more
La Commission des valeurs mobilières de l’Ontario (la « CVMO ») a pris des mesures d’application de la loi à l’encontre de deux plateformes de négociation de cryptoactifs établies à l’étranger (les « plateformes »). Ces...more
The Ontario Securities Commission (OSC) has initiated enforcement actions against two foreign-based crypto asset trading platforms (CTPs). The actions are the first to be announced following the OSC’s previously issued...more
Newly-released regulatory guidelines give crypto asset trading platforms (CTPs) operating in Ontario just a few weeks—until April 19, 2021—to contact the Ontario Securities Commission (OSC) to discuss how to ensure compliance...more
The OCC Announces New Acting Comptroller and Includes FinTech Charters Among Focuses - On May 29, 2020, the Office of the Comptroller of Currency (OCC), the primary federal regulator of national banks, announced Brian P....more
• The rapid proliferation of technological advancements in global financial markets has caused regulators in several countries to increase their scrutiny of investments in, and implications of, cryptocurrencies. • This...more