In 2025, the global cryptocurrency market is no longer a frontier of speculation but a battleground for institutional capital. Yet, the success of crypto-focused ETFs—such as those tracking Cardano’s ADA token—hinges not just on price volatility or technological innovation, but on the legal frameworks that govern their existence. Nowhere is this clearer than in Quebec, where civil law-driven transparency mandates are reshaping market readiness for digital assets.
Quebec’s 2025 legal reforms, encapsulated in Bill 92, have redefined corporate disclosure requirements for cryptocurrency assets. The Act Respecting the Legal Publicity of Enterprises (ARLPE) now mandates real-time registration of ultimate beneficial owners (UBOs) for entities holding 25% or more of a firm’s voting rights or fair market value. This data is publicly accessible via the Quebec Enterprise Register…
