Crypto.com Secures Restricted Dealer Registration in Canada

By: bitcoin ethereum news|2025/05/13 04:45:04
0
Share
copy
Crypto.com Canada is able to continue providing crypto asset products and services to Canadians thanks to the restricted dealer registration. In the month of August 2022, Crypto.com was the first cryptocurrency trading platform to sign a Pre-registration Undertaking with the Canadian Securities Administrators and the Ontario Securities Commission. Today, Crypto.com Canada made the announcement that it has been granted a restricted dealer registration on May 8, 2025 in each of the provinces and territories that make up Canada. During the time that it is working toward becoming a restricted investment dealer in Canada and becoming a member of the Canadian Investment Regulatory Organization (CIRO), Crypto.com Canada is able to continue providing crypto asset products and services to Canadians thanks to the restricted dealer registration. In the month of August 2022, Crypto.com was the first cryptocurrency trading platform to sign a Pre-registration Undertaking with the Canadian Securities Administrators and the Ontario Securities Commission. Since that time, Crypto.com has collaborated with the authorities concerned with the regulation of securities in Canada in order to fulfill the prerequisites for registration as a restricted dealer. Eric Anziani, President and Chief Operating Officer at Crypto.com stated: “We have strong protocols for our Canadian operations which were put in place or strengthened during the course of the registration process and are designed to enhance the protection of our customers and their assets. We have invested heavily in our compliance infrastructure around the world, and specifically in relation to Canada, because we want our customers to have greater peace of mind knowing that they are dealing with a regulated firm in Canada.” The Crypto.com Custody Trust Company, which is a chartered trust firm and has been granted a license by the New Hampshire Banking Department to operate as a non-depository trust company1, will serve as the principal custodian for the digital assets of Crypto.com’s customers in Canada. Joe Anzures, President of Crypto.com Custody Trust Company said: “Crypto.com Custody Trust Company looks forward to providing secure custody services to the Canadian market and to registered crypto currency trading platforms who will operate in accordance with the high standards established by Canadian securities regulators. A MiCA license, various U.S. Money Transmitter Licenses, U.S. Designated Contracts Market and Derivatives Clearing Organization licenses, a Major Payment Institution license in Singapore, a UK Electronic Money Institution license, and a Virtual Asset Service Provider license in Dubai are just some of the regulatory licenses, approvals, and registrations acquired by various other Crypto.com entities around the world. The restricted dealer registration that Crypto.com Canada has obtained is an addition to the growing list of regulatory licenses, approvals, and registrations that these entities have obtained. Source: https://thenewscrypto.com/crypto-com-secures-restricted-dealer-registration-in-canada/

-- Price

--

You may also like

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com