Crypto Assets
Bitcoin, Ethereum, non-fungible tokens (NFTs) and stablecoins have emerged as an alternative asset class.
Overview
Digital ledger technologies including blockchain are reshaping the global markets and the impact of crypto assets is spreading across a number of business sectors.
Since 2017, we have been advising clients on digital assets and blockchain law including the registration of crypto trading platforms and guiding securities registrants, including restricted and investment dealers, portfolio managers and investment fund managers, with respect to new initiatives and structuring crypto funds.
We provide comprehensive counsel on a wide array of laws, including securities, consumer protection, FINTRAC money service business registrations, anti-money laundering, financial services regulation, and payment processing.
We help clients navigate the CSA’s regulatory framework for crypto trading platforms, including the requirements for platforms to become registered as investment dealers and members of CIRO.
Our Expertise Includes:
- navigating crypto trading and investing regulations;
- managing compliance investigations and proceedings before the OSC, CIRO, and FINTRAC;
- securing registration and ensuring compliance with FINTRAC regulations, including anti-money laundering and terrorist financing reporting obligations;
- structuring token offerings to comply with prospectus exemptions and private placement requirements;
- architecting tokenized business models in diverse sectors, including agriculture, aviation, mortgages, and real estate.
- guiding fintech innovators on the integration of blockchain technology and digital assets into their platforms;
- establishing compliant frameworks for stablecoin issuance, distribution, and use in payments, settlements, and corporate treasury functions.
Key Contacts
Crypto Law News and Insights
SEC Chair Outlines “Project Crypto” in Speech
In a recent speech to the Federal Reserve Bank of Philadelphia, U.S. Securities and Exchange Commission (SEC) chair Paul S….
CSA Cautions Crypto Lending Platforms And Customers
In the wake of the recent record CAD $176,960,190 administrative monetary penalty levied by the Financial Transactions and Reports Analysis Centre…
FINTRAC Issues Record CAD $176 Million Penalty To Xeltox/Cryptomus
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has issued a record CAD $176,960,190 administrative monetary penalty on Xeltox…
CSA’s 2024-2025 Year in Review Highlights Increased Crypto Enforcement Actions
The Canadian Securities Administrators (CSA) recently published their 2024 – 2025 Year in Review (The Year in Review), highlighting the…
SEC Announces Formation of New Crypto Asset Task Force
The U.S. Securities and Exchange Commission (SEC) published a press release on January 21, 2025 (“Press Release”) stating that it…
OSC Publishes Compliance Review Findings And Guidance For Crypto Asset
The Ontario Securities Commission (OSC) recently published its findings from a focused compliance review of crypto asset trading platforms (CTPs)….
Awards and Recognition
- Best Lawyers Best Canadian Law Firm: BAX Securities Law® received this award in 2025 and 2026
- Canadian Lawyer Top Corporate Law Boutiques: BAX Securities Law® received this award in 2016, 2017, 2018, 2019, 2020
- The Canadian Legal Lexpert Directory: Barbara Hendrickson has been repeatedly recognized in the Corporate Finance & Securities Law area.
