The rising price of Bitcoin has led to a surge in businesses enabling Canadians to buy and sell cryptocurrencies. However, as an exclusive investigation by The Logic’s Claire Brownell revealed, regulators are struggling to keep up with Canada’s crypto-trading industry. Canadian securities regulators have since announced plans to address the problem.
The Logic’s deputy managing editor April Fong spoke to Claire for a subscriber-exclusive conference call to discuss Canada’s crypto Wild West and what a regulatory crackdown will mean for the burgeoning industry.