Canada bans crypto leverage and margin trading

Per Reuters: The Canadian Securities Administrators said that crytpo platforms in the country are not allowed to offer margin or leverage trading.

This means that, as the CSA stated, crypto is a high risk investment, and they are directly under supervision.

The CSA stated: “Custodians will generally be considered qualified if they are regulated by a financial regulator in Canada, the U.S., or a similar jurisdiction with a supervisory regime for conduct and financial regulation."

Read more: unusualwhales.com/news