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Coinsquare becomes first Canadian crypto exchange to receive IIROC registration

With the regulation, Coinsquare’s client funds will be fully segregated and kept by licensed and insured custodians. Coinsquare will also be required to report its financial standing regularly and maintain adequate capital for liabilities. In addition, cash held in client accounts will be protected by the Canadian Investment Protection Fund in the event of insolvency.

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Source: Cryptocurrency - investing.com

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