- Canadian cryptocurrency ownership surged to 25% in early 2026, up from 10% in 2023, according to new data from the Ontario Securities Commission (OSC).
- The OSC survey of 2,360 adults found that 59% of respondents were aware of crypto assets, though many investors demonstrated a limited understanding of regulatory protections.
- Canadian lawmakers have proposed measures including a ban on crypto political donations and restrictions on digital asset ATMs, citing fraud concerns.
A new survey from the Ontario Securities Commission (OSC) reveals that Canadian cryptocurrency ownership has more than doubled, reaching 25% in early 2026 compared to just 10% in 2023. The regulator found that 59% of the 2,360 respondents aged 18 and over were aware of crypto assets.
“Crypto markets continue to evolve, and Canadians are participating in them more than ever before,” said Naizam Kanji, executive vice president of strategic regulation at the OSC. The survey, conducted between December 2025 and January 2026, indicated increasing risk awareness despite a limited understanding of the industry.
Approximately 50% of crypto owners checked whether a platform was registered before using it. However, many investors still harbored misunderstandings regarding regulation, insurance protections, and transaction capabilities.
Meanwhile, lawmakers in Ottawa have advanced measures to address cryptocurrency use. In April, the federal government proposed a bill banning political donations using crypto and introduced legislation to prohibit digital asset ATMs, citing concerns over fraud.
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