Crypto part of Canada’s ‘core’ financial system, but risk concerns remain
Burns Brief
The crypto industry has seen a number of regulatory changes over the past year, with the Canadian government taking a risk-management, rules-first approach The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The crypto industry has seen a number of regulatory changes over the past year, with the Canadian government taking a risk-management, rules-first approach.
Key Takeaways
- The crypto industry has seen a number of regulatory changes over the past year, with the Canadian government taking a risk-management, rules-first approach