Canada’s investment watchdog rolls out crypto custody rules to avoid another QuadrigaCX

Canada's investment watchdog has implemented new regulations governing the custody of cryptocurrencies in an effort to prevent a repeat of the infamous QuadrigaCX incident, where investors lost millions of dollars due to the unregulated handling of digital assets by the now-defunct cryptocurrency exchange. These rules aim to establish clear standards for the safeguarding of crypto assets, ensuring greater transparency and security for investors in the rapidly evolving digital currency landscape. source: https://www.coindesk.com/policy/2026/02/03/canada-s-investment-regulator-rolls-out-crypto-custody-rules-to-avoid-another-quadrigacx