Crypto Mining Contracts Can be Classified as Securities: Canadian Regulators

Crypto Mining Contracts Can be Classified as Securities Canadian Regulators

The Canadian regulator Financial Markets Authority of Quebec (AMF) have stated that cryptocurrency mining contracts can be classified as securities regulation. Jean-François Fortin of the AMF commented, “With this decision, the AMF ruled for the first time that an investment offer related to cryptocurrency mining may constitute an investment contract, i.e. security whose public offering is regulated.”

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