Canada to force exchanges to immediately transfer "ownership, possession and control" of crypto assets to users. No more off-chain, internal ledgers. Otherwise, the exchanges will be subject to securities regulation. Am I interpreting this correctly? The ramifications for this are enormous.
How pissed off is Canada about Quadriga? They're thinking of saying that any crypto exchange that doesn't deliver bought coins immediately, but holds them on the platform, is subject to securities regulation. The word "Quadriga" isn't mentioned, but QCX is why this.
So I created a video on my YouTube channel comparing the differences among 3 different platforms where Canadians can buy crypto at market price (Coinberry, Shake Pay and Newton). I got some good feedback and someone even asked me to look at different exchanges in Canada and compare them. I'm not too familiar with any of the Canadian exchanges which is why I'm asking here. So far I only know of NDAX and Coinsquare. Are there others that I don't know of?
Coinsquare is Canada's largest crypto and Bitcoin exchange. It allows users to buy and sell Bitcoin, Ethereum, Litecoin and other coins in Canada. Customers can buy and sell bitcoin and ether using Interac e-Transfers, bank transfers and SWIFT. We may receive compensation when you use Coinsquare. Please visit Coinsquare for its exact pricing terms. CoinSwitch aggregates all major exchanges to give its users more than 300+ crypto trading pairs and is one of the largest cryptocurrency converters. We support over 45,000+ crypto to crypto exchange pairs and are the largest crypto trading platform. Users can trade anonymously on any exchange with ease without creating an account with the underlying exchange. Crypto exchange Shakepay, which describes itself as “Canada’s fastest-growing bitcoin platform,” conducted a “proof-of-reserves” audit and acquired an insurance policy to reinforce its Users can get some of the best market rates and 24/7 customer support. One of the unique features of Changelly is that users can exchange crypto assets in exchange for a 0.5% crypto-conversion fee without any verification or ID proof. Join Changelly Now!!! Coinsquare. Coinsquare is a Canadian cryptocurrency exchange and was founded in 2015. Cryptocurrency exchanges are the best platforms for buying crypto in Canada. It’s a quick, easy, and customizable process as you can choose a platform that caters to your investment needs and strategies. You can choose a fiat to crypto exchange if you plan on buying cryptos with fiat currencies.
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