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The British Columbia Securities Commission has issued an official public warning, urging BC residents to be wary of engaging with Cryp Trade.
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The Canadian regulator specified that it had found that Cryp Trade has been placing advertisements that are targeting BC residents.
Moreover, the public address notes that due to the nature of cryptocurrencies could classify them as securities under BC legislation. In such a circumstance, it would require proper registration and licensing, in order to legally offer trading or advise on the relatively infant financial product.
As it stands, Cryp ... (read more)