The Ontario Securities Commission wants provincial regulators to decide jointly on emerging technology like crypto, instead of letting one province’s ruling bind the rest, CEO Grant Vingoe told The Logic. The OSC is pressing for those terms as Ontario negotiates its way into Canada’s passport system after nearly 20 years outside it, at the direction of the province’s finance minister. That system lets a company register with one home regulator and operate in every participating province without repeating the process. Vingoe is also pushing for clearer rules on which regulator counts as a company’s home, since firms have often picked the one they expected to be friendliest instead of the one where their head office sits. He gave no timeline but called entry “not a too-distant prospect.”
