Repurchase of Digital Tokens
CRA-15.2.12
If a
digital token issuer has disclosed adigital token repurchase mechanism in thewhitepaper , it may, after itsdigital tokens have been traded for a full year, carry out a repurchase (buyback) of itsdigital tokens , provided that it completes the execution of the buyback within 2 months from the day of making the public disclosure about the repurchase (buyback).Added: April 2023CRA-15.2.13
A
digital token issuer must immediately cancel thedigital tokens that it acquires under thedigital token repurchase plan.Added: April 2023