I'm happy to report to the committee that the government has taken an important step in this space. On June 9, we pre-published comprehensive regulations that target exactly this issue. The regulations that are now before the Canadian public for consultation would essentially do just that: they would specify that dealers in virtual currency, who are now defined for the first time in Canada in legal detail, would be treated in essentially a parallel way as other money service businesses.
To respond to specific elements of your question, this would govern the point of exchange from crypto-currencies into fiat currency and also exchanges in the crypto-to-crypto space, on which I know you've been taking testimony from many witnesses.