Canadian regulators questioned the legality of cryptocurrency exchange ads

Canadian regulators questioned the legality of cryptocurrency exchange ads

Canadian stock market regulators have issued a warning to local cryptocurrency exchanges against advertisements that violate securities law. The Canadian Securities Administrators Association (CSA) and the Investment Industry Regulatory Organization (IIROC) have issued guidelines for crypto exchange employees and managers that indicate signs of “illegal” advertising. Regulators posted the instruction on September 23, 2021 on the OSC website. The notice identifies “promotions and marketing strategies of cryptocurrency exchanges that violate securities laws and may affect…

Netflix will release a documentary on the QuadrigaCX exchange closure

Netflix will release a documentary on the QuadrigaCX exchange closure

Next year, Netflix will release a film about the founder of the QuadrigaCX exchange Gerald Cotten, whose death led to the loss of access to cryptoassets by users of the site for $ 250 million. According to a Netflix press release, the documentary, titled “Trust No One: The Hunt For The Crypto King,” will tell the story of Canadian cryptocurrency exchange founder Gerald Cotten, who died on his honeymoon in India in 2018. The documentary…