Skip To Content

Digital assets and blockchain: Trudging the road to greater clarity

Author(s): Matthew T. Burgoyne, Laure Fouin, Lawrence E. Ritchie, Asad Akhtar, Simon Cameron, Jesse-Ross Cohen

Jan 11, 2023

It was an interesting and challenging year for many players in the crypto space in 2022. There were consolidations and there were bankruptcies. And we received some welcome clarity on what the “final” cryptoasset trading platform regulatory framework will look like in Canada. Here is our summary of what will no doubt be considered a transformational year in crypto.

After “crypto winter,” warmer skies ahead

In the first half of 2022, cryptocurrencies hit a rough patch. The price of virtually every major cryptocurrency fell and some companies faced grave financial difficulties, including insolvency proceedings and even bankruptcy. In the cryptocurrency world, this market cool-off is colloquially referred to as “crypto winter.”...

Read or listen to this Legal Year in Review 2022 article