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Ontario ‘Crypto King’ Faces Major Fraud and Money Laundering Charges
18.5.2024
The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC. Aiden Pleterski, self-proclaimed...
Ontario ‘Crypto King’ Faces Major Fraud and Money Laundering Charges
18.5.2024
The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC. Aiden Pleterski, self-proclaimed...
'Crypto King' Aiden Pleterski faces fraud, money laundering charges
16.5.2024
Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation
Canadian Crypto Drive Slows in 2023, Users Cite Wider Market Factors
30.11.2023
Source: Pixabay The number of Canadian cryptocurrency users has dropped in 2023 due to bear market fears and wider macroeconomic factors, a new survey shows. A Crypto Asset Survey published by the Ontario Securities Commission (OSC) was conducted to show consumer interaction with virtual assets...
Canada Close to Tightening Rules for Crypto Exchanges: Sources
16.2.2023
Later this month, Canada’s umbrella markets regulator, the Canadian Securities Administrators (CSA), will tighten requirements for cryptocurrency exchanges operating in the country, according to two people who have been briefed on the plans
Canadian Regulator OSC Takes Action Against Crypto Trading Platforms Kucoin and Bybit
24.6.2022
The Ontario Securities Commission (OSC) has taken action against two cryptocurrency trading platforms. Kucoin is permanently banned from participating in Ontario’s capital markets. Bybit has promised to take steps to comply with regulations and register with the OSC. OSC Sanctions 2 Crypto...
Bybit enters into settlement agreement with Ontario Securities Commission
23.6.2022
Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario
Ontario Securities Commission Slaps Bybit and KuCoin With Enforcement Actions
22.6.2022
A top Canadian financial regulator has slapped two crypto exchanges, Bybit and KuCoin, with enforcement actions for failing to comply with securities laws in the Canadian province of Ontario
Binance Informs Canadian Regulator It’s ‘Committed’ to Ceasing Crypto Trading Services in Ontario
21.3.2022
Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations. Binance Promises to Increase Efforts to Comply With Regulation Cryptocurrency...
Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’
1.1.2022
The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed...
Canadian regulators warn against 'gambling style' advertising and marketing in guidelines for crypto companies
23.9.2021
“Misleading advertisements and improper marketing strategies may encourage investors to take on risks they would normally avoid," said CSA chair Louis Morisset
Canadian regulator alleges OKEx operator violated securities law
19.8.2021
The commission has made similar allegations against Bybit, crypto exchange KuCoin and Polo Digital Assets
Canadian regulator will hold hearing against Bybit for alleged violations of securities law
21.6.2021
The commission alleges Bybit exposes local investors "to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.”
Ontario Securities Commission Snuffs out Crypto Exchanges, Poloniex Targeted for Flouting Compliance
26.5.2021
The Ontario Securities Commission (OSC) published documentation on Tuesday that claims the Seychelles-based crypto exchange, Poloniex has failed to contact the OSC in order to start compliance discussions. Poloniex meets the OSC’s jurisdiction because the trading platform operates trading...
Evolve Becomes Second Canadian Issuer to Win Approval for Bitcoin ETF
16.2.2021
It may encourage U.S. regulators to approve their first bitcoin exchange-traded fund
First North American Bitcoin ETF Approved by Canadian Securities Regulator
12.2.2021
The Ontario Securities Commission gave its blessing Thursday
Coinberry Crypto Exchange Gets OSC Nod, Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten
2.9.2020
Following last year’s QuadrigaCX collapse and loss of client funds, Canada’s crypto exchanges are going the extra mile to rebuild the trust of consumers
Bitmex Restricts Ontario Residents as Mandated by Canadian Regulator
24.8.2020
Cryptocurrency derivatives exchange Bitmex will be restricting access to users from Ontario, Canada, starting the beginning of next month. The company says the restrictions are mandated by the Ontario Securities Commission (OSC). Bitmex Stops Servicing Users in Ontario Bitmex, a cryptocurrency...
Crypto Derivatives Exchange BitMEX to Block Ontario Traders
24.8.2020
The veteran cryptocurrency derivatives exchange is to block users in Ontario, apparently at the behest of the local securities regulator
Coinsquare Exchange Execs to Resign Over Wash Trading Scandal
22.7.2020
In a settlement with the Ontario Securities Commission, three seniors executives at the Canadian exchange agreed to step down and pay penalties over fake trades