V2-13-002 — Payward Canada Inc. and Payward Inc. decision 1 April 2025
URL: https://www.securities-administrators.ca/wp-content/uploads/2025/04/Payward-Canada-decision-document-signed-dated-April-1-2025.pdf
Observed: 2026-10-31; exact request timestamp not captured.
Document date: 2025-04-01
Reading: direct_relevant_sections
Locator: pp1–6 identity/definitions; representations106,128; Decision U,TTT,XXX,ZZZ; AppendixB/C

Own research paraphrase:
OSC file2023/0137 covers the Canadian platform and separate parent obligations. ConditionU sets rolling12-month net acquisition limits for non-specified assets: CAD30000 for non-eligible investors, CAD100000 for eligible but non-accredited investors, no limit underU for accredited investors. Residents ofAB,BC,MB,QC,SK are excluded fromU. Representations106/128 exclude margin, leverage, short positions and ordinary crypto derivatives. The decision expires two years from its date. AppendixC defines scoped PoS staking obligations.

Limits:
Relevant sections of63pages, not full-text review. A Crypto Contract may be a security/derivative in Canadian law; that does not permit leveraged futures. Read together with August2026 variation. Conditional relief is not an unrestricted national licence.
