ChainCatcher news, the Canadian Securities Administrators (CSA) has proposed amendments to regulations regarding how public investment funds handle crypto assets, aimed at further clarifying custody rights and the rules for funds dealing with crypto assets.According to the amendment, only alternative investment funds and non-redeemable investment funds are allowed to directly purchase, sell, or hold crypto assets, while other mutual funds can only invest in these funds to gain exposure to cryptocurrencies. Additionally, the assets must be listed on exchanges recognized by Canadian securities regulators and must be interchangeable. The assets must also be insured and stored in cold wallets, and an annual review of the custodian's internal management is required by a public accountant.It is reported that the proposal will be open for public consultation for 90 days, after which a consultation document will be drafted and a broader regulatory framework for crypto assets will be considered.

ChainCatcher news, according to CoinDesk, Canada's largest exchange TMX Group announced on Tuesday that its derivatives trading platform will soon launch Bitcoin futures contracts. These futures contracts will be traded on the Montreal Exchange, will be cash-settled, and will be denominated in US dollars. TMX Group is the operator of the Toronto Stock Exchange and the Montreal Exchange.