In the wake of a major FINTRAC fine levied against an off-shore cryptocurrency exchange, Adam Garetson, leader of Gowling WLG’s Blockchain & Digital Assets Group, joined BNN Bloomberg to discuss Canada’s enforcement approach to offshore crypto platforms.
The conversation explored how Canada’s evolving crypto regulatory landscape is shaping market dynamics for businesses pursuing opportunities in digital assets, while underscoring the importance of a well-regulated market for Canada to remain competitive in this space.
“What we’re seeing more and more is a developing, regulated market and digital assets going to main street, to Bay Street and into traditional finance. So the underlying market infrastructure technology is becoming more and more systemically important.”
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About Gowling WLG's Blockchain & Digital Assets Group
As blockchain, tokenization and other decentralized technologies reshape the global economy, businesses and investors need trusted legal guidance to navigate the regulatory landscape and seize new opportunities. Gowling WLG’s Blockchain & Digital Assets Group brings together professionals from across our firm—including capital markets, tax, financial services, intellectual property and litigation—to provide tailored, forward-thinking advice on the full spectrum of digital asset issues in Canada and internationally.