Blockchain Technology: Cryptocurrencies and beyond
Published on:
Jun 14, 2023
The recent history of blockchain has demonstrated the need for better regulation, including protection for consumers from fraud and other malfeasance. While many emphasized Canada’s strong regulatory safeguards, such as provincial securities regulation and federal anti-money laundering and anti-terrorism financing obligations, witnesses stated that governments need to partner with industry to better understand this rapidly evolving sector and enact regulations that protect consumers without unnecessarily hindering innovation.