Regulators Circle Crypto Like Wolves at Consensus Toronto 2025—Here’s What They’re Sniffing At
Toronto’s financial watchdogs crashed the crypto party with all the subtlety of a bull in a blockchain china shop. The FSA, SEC, and OSC dropped more regulatory buzzwords than a DeFi whitepaper—but between the legalese, three threats emerged.
1. The Compliance Hammer: New KYC rules could force chains to betray their decentralization ethos (irony noted).
2. Stablecoin Showdown: Governments want to leash algorithmic stablecoins after Terra’s ghost still haunts the markets.
3. ETF Wars: Spot Bitcoin ETF approvals sparked a gold rush—now regulators are eyeing leverage limits to ’protect’ traders from their own greed.
Meanwhile, crypto VCs quietly reserved tables at Michelin-starred restaurants—because nothing says ’disruptive technology’ like $500 tasting menus on someone else’s capital.

Monday
- 17:00 UTC (1:00 p.m. ET) The SEC held the latest of its crypto roundtables, this time focused on tokenization.
Wednesday
- CoinDesk’s Consensus Toronto conference started.
- (Variety) Warner Bros. Discovery will rebrand its Max streaming service as HBO Max, after previously rebranding HBO Max as Max. Dream job: Person who rebrands stuff?
- (The New York Times) Buyers of the TRUMP memecoin told the Times that they explicitly want to try and influence policy with the president.
- (The New York Times) A company with a handful of employees that makes videos for TikTok said it planned to buy up to $300 million of TRUMP memecoin tokens. It registered zero revenue last year.
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