
Canada has updated its guidance for investment funds investing in crypto, stating that public crypto asset funds can currently only invest in bitcoin and ether. The Canadian Securities Administrators (CSA) believes that these assets best support the operations of such funds without compromising investor protection. The CSA also raised the possibility of a regulated futures market for crypto assets, which could provide benefits such as proper valuation and operational support. The staff of CSA also discussed the involvement of public funds in crypto staking and emphasized the need for policies and procedures to assess whether it involves the issuance of a security or derivative. Additionally, the article includes information about upcoming events and recent research in the crypto industry.
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