Overview
- The Ontario Securities Commission survey of 2,360 adults, published Thursday, found crypto ownership rose to 25% in 2026 from 10% in 2023.
- Awareness climbed to 59% and the share of advised investors told to buy crypto nearly doubled to 39%, signaling stronger advisor support for crypto exposure.
- The OSC reported widespread confusion about how crypto is regulated, whether assets are insured, and that blockchain transfers are often irreversible.
- About half of crypto owners said they check whether a trading platform is registered before transacting, leaving many users exposed to unverified services.
- Federal proposals to ban crypto ATMs and to restrict cryptocurrency political donations respond to rising use and fraud risks even as firms report plans to expand product offerings in Canada.