Published On: Wed, Aug 30th, 2017

Op Ed: Planning an ICO in Canada? Here are 10 Regulatory Points to Ponder

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Canada’s securities regulators are paying attention to ICOs. Last week they released a guidance document that explains their approach to token sales/ICOs/ITOs/crowdsales, officially titled “CSA Staff Notice 46-307: Cryptocurrency Offerings.” Here is what this notice means and what it doesn’t mean.In the press release that accompanied the Staff Notice, Louis Morisset, the chair of the Canadian Securities Administrators (CSA) and the head of the Quebec securities regulator, is quoted as saying: “The technology behind cryptocurrency offerings has the potential to generate new capital-raising opportunities for businesses and we welcome …

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