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Canadian regulator excludes crypto funds from margin offers "

Internet reports that the Canadian Investment Regulatory Organization (CIRO) released the latest "List of Securities Eligible for Margin Reduction" on February 5, clearly excluding cryptocurrency funds from the margin reduction policy. CIRO stated that considering the volatility, liquidity risk and regulatory uncertainty of crypto assets, the policy will continue to be implemented until further notice. According to the regulations, securities eligible for margin reduction must meet a number of conditions, including price volatility of no more than 25%, public float market value of more than 100 million Canadian dollars, and an average daily trading volume of 25,000 shares. This move will increase the leveraged trading costs of crypto funds.

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