Event JSON
{
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"kind": 1,
"tags": [
[
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"https://bitcoinist.com/canada-says-no-to-lower-margin-rates-for-crypto/"
],
[
"subject",
"Canada Says No to Lower Margin Rates for Crypto Funds—Here’s Why"
],
[
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"1738926012"
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"https://www.tradingview.com/x/fdA9UKI8/"
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[
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[
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"CIRO's decision means that traders of cryptocurrency funds will need to maintain higher collateral levels compared to those trading conventional stocks or exchange-traded funds (ETFs), potentially increasing the cost and risk of leveraging crypto positions. The exclusion is based on the organization's criteria for reduced margin, which includes price volatility, liquidity, and market capitalization. Crypto funds do not meet these criteria, making them ineligible for reduced margin rates."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqmvlm9xukx5pek66dzt2muwkefhx3mzc4thlzt756n9h8dplrtk3qmxle2g\nhttps://www.tradingview.com/x/fdA9UKI8/\nThe Canadian Investment Regulatory Organization (CIRO) has announced that cryptocurrency funds will be excluded from its List of Securities Eligible for Reduced Margin (LSERM), a quarterly list that identifies securities qualifying for reduced margin rates. CIRO’s ruling, effective as of February 5, cites the “high volatility, liquidity concerns, and regulatory uncertainties” surrounding cryptocurrency funds behind […]\nhttps://bitcoinist.com/canada-says-no-to-lower-margin-rates-for-crypto/",
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}