Are provincial securities regulators able to adapt more rapidly than a national regulator? (alephblog.com)
Although the authors of the Staff Notice admit that «Every ICO / ITO is unique and must be assessed on its own characteristics,» we believe provincial securities regulators in Canada wouldn't take a radically different approach than the U.S. Securities Exchange Commission in analyzing whether tokens and coins are securities. (coindesk.com)
According to a NASAA survey, 94 percent of state and provincial securities regulators believe there is a «high risk of fraud» involving cryptocurrencies. (coinira.com)