Canada’s securities regulator is issued a warning about crypto websites that promote affiliation or approval from “fictitious” regulators.
One such website even said its “fictitious certification makes it ‘a reliable and trustable online trading platform,’” according to the CSA, adding:
Some “fictitious” regulatory bodies and organizations, as listed by the CSA, include the Financial Standard Commission FSC Canada, Financial Commission/Finacom PLC Ltd., and its associated entity, Blockchain Association. A purported list of Blockchain Association members with links to their websites. Source: Blockchain Association
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