Crypto firms tout 'fictitious' regulatory stamps, Canadian regulator warns

The regulator also advised that citizens considering investing in crypto should check the firms against those registered with the CSA. There are currently 12 crypto trading platforms authorized to do business in Canada, while there are 11 that have filed pre-registration undertakings.

Though the regulator’s statement does not address this, it should be noted that the crypto firms themselves may be victims of the “fake” certifications, and the listing of certification does not necessarily mean a platform is “fraudulent.”

The full list of regulatory bodies and entities that have been accused of being “fake” by the CSA include: