Canadian Regulators Issue Guidelines To Improve Cryptocurrency Disclosure

The Canadian Securities Administrators (CSA), comprised of securities regulators from the nation’s 10 provinces and three territories, has issued new guidance to improve the quality of disclosures related to crypto-assets.

CSA chair and Autorité des marchés financiers CEO Louis Morisset said the new guidance details the information that companies in the crypto space need to give to help investors make informed decisions.

“The crypto asset industry is relatively nascent and notably presents unique accounting issues and auditing challenges,” Morisset said. “This guidance is meant to support crypto asset reporting issuers in providing the information necessary for investors to make informed investment decisions.”

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