OSC lays out process for crypto-platforms seeking compliance, and warns again of crackdown

    The Ontario Securities Commission entrance on the 17th floor in January 2010. Lucas Oleniuk/Toronto Star via Getty Images

    Cryptocurrency-trading platforms seeking to register with the Ontario Securities Commission have until June 18 to complete their paperwork, or they’ll face enforcement action, according to documents obtained by The Logic.

    The documents reveal a step-by-step process for those platforms that have heeded the regulator’s warnings as it tries to bring the nascent crypto industry into compliance with securities guidelines.

    “If you do not respond to requests in a timely manner or comply with the timelines set out below, you may be subject to enforcement action,” the documents read, in boldfaced, underlined type.

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