
Canadian Securities Administrators release 2024-2025 Year in Review
"The progress we made in the past year, as outlined in our Year in Review, is a testament to CSA members' collaboration to strengthen Canada's capital markets and introduce measures to boost competitiveness," said Stan Magidson, CSA Chair and Chair and CEO of the Alberta Securities Commission. "We've demonstrated that effective regulation can be both principled and adaptable to changing geopolitical and market conditions."
The report also reflects the efforts undertaken to foster innovation in the capital markets and to protect investors. It highlights CSA members' continued efforts to disrupt and deter bad actors and hold securities law violators accountable.
CSA activities noted in the report include:
Issuing 1,011 investor alerts, cautions and warnings issued to help protect the public, of which more than 75 per cent related to crypto assets.
Reaching over 4.5 million Canadians through our "Check Registration" and "Spot the Red Flags of Fraud" investor education campaigns.
Banning permanently 54 companies and individuals from participating in the capital markets following enforcement proceedings.
Taking enforcement actions in 20 crypto-related matters to protect the integrity of our capital markets.
Issuing 57 publications about final adoption of rule changes, consultations, blanket orders and guidance on CSA policy developments.
Hosting representatives of 155 organizations at the CSA Collaboratory's inaugural webinar on Data Portability, advancing our commitment to fostering innovation in capital markets.
The CSA's 2024-2025 Year in Review is available in English and French.
For more information, please see the CSA's 2025-2028 Business Plan, launched in June 2025.
The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.
For investor inquiries, please contact your local securities regulator.
For media inquiries, please contact:
SOURCE Canadian Securities Administrators
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Key improvements included: A streamlined onboarding experience with clearer status tracking and enhanced ID verification. Development of the updated Portfolio dashboard, designed to better reflect INX's positioning as a unified platform for multiple asset types, was completed in Q2.A Ongoing improvements to the mobile app, expanding token visibility and providing easier access to security token holdings. On the operational side, INX's focus in Q2 was on platform resilience and scalability. The Company deployed over 16 infrastructure patches, a record for a single quarter, addressing production issues and optimizing processes tied to banking integrations and user flows. These efforts directly enhanced platform stability and user experience during a period of transition. The platform's regulatory and compliance infrastructure was further reinforced with the implementation of automated FINRA trade reporting, alongside improvements to back-office tools supporting account status monitoring and reporting. INX also expanded its blockchain integrations to include Polygon and Avalanche for enhanced security token issuance capabilities and continued upgrading its infrastructure with enhanced security protocols, migration to and scalability improvements on AWS Kubernetes. Strategic Positioning in a Dynamic Market INX continues to solidify its position as a trusted venue for compliant trading of security tokens, RWAs, and cryptocurrencies. The platform's integrated infrastructure now better supports scalability, operational efficiency, and regulatory rigor — positioning INX as a key component in Republic's future global offering. Shy Datika, CEO of INX, commented: "Q2 was a pivotal quarter for INX. We delivered meaningful improvements to our user experience, resolved key operational challenges, and completed the heavy lifting of our banking migration. Just as importantly, we secured shareholder, court, and FINRA approval for our acquisition by Republic — a milestone that unlocks our next phase of growth. As the digital asset space continues to evolve, INX remains committed to providing the most compliant, transparent, and seamless platform for trading both crypto and security tokens." About INX: INX provides regulated trading platforms for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and a disciplined regulatory approach. About The INX Digital Company, Inc.: INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies. The INX Group's vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group's overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token in which we raised US$84 million. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA. For more information, please visit the INX Group website here. Cautionary Note Regarding Forward-Looking Information and Other Disclosures This press release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates, and projections as of the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events, or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, INX has made certain assumptions, including with respect to the continuous development of the INX trading platform, the completion of the transactions described herein, and the development of the digital asset industry. Although INX believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to regulatory developments, the state of the digital securities and cryptocurrencies markets, and general economic conditions. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information, or otherwise. CBOE Canada is not responsible for the adequacy or accuracy of this press release. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to the U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. SOURCE The INX Digital Company, Inc.