The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products, according to a report.
This is the second bitcoin ETF approved to trade in Canada.
Geely will own 80% of the venture while Concordium will own the rest.
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.
Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.
The sale gives Christie’s a chance to “dip its toes” in crypto, said a New York representative.
Police seized 1,746 bitcoin mining machines across 21 premises in raids this week.
The purchases suggest institutional investors’ appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether.
The free zone accepts payments in bitcoin, ether and the tether stablecoin.
SBI’s digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months.