Report on Canada's Financial Markets in Quebec Warns of Risks Affecting Cryptocurrency Assets

According to Newswire on May 4, the financial institution of Quebec, Canada (AMF) issued a warning regarding the risks associated with cryptocurrency assets. According to the AMF, ICOs are high-risk, non-volatile investments that exist in an environment that affects governance and fraud. Anyone or business making money from online assets must follow applicable safety and equipment rules. Failure to do so may result in prosecution or penalties. In addition, individuals or businesses operate platforms for trading in securities or cryptocurrency products, trading or exchanging bitcoin and other crypto assets. The policy or request may also apply to the security and protection of the equipment. Likewise, failure to comply with these rules may result in prosecution and penalties.