Canada’s Speculation Industry Organization to Issue Recommendations on Blockchain, Crypto Regulations

2018-6-26 20:53

The Investment Industry Regulatory Organization of Canada (IIROC) has formed a working group to recommend a potential regulatory response to blockchain applications within the capital markets ecosystem.
The news comes from a June 25 notice summarizing IIROC’s aims for the 2019 fiscal year.
Canada’s IIROC is a non-profit self-regulatory body that aims to serve the public interest by proposing measures to protect investors and support healthy domestic capital markets.
As a Cointelegraph in-depth analysis this spring outlined, the country has been proactive in developing blockchain applications across diverse fields.
These include finance, government, legal, health, education, space, national and multinational cryptocurrencies, energy, and initial coin offerings (ICOs).

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