Crypto.com Secures Restricted Dealer Registration in Canada
The post Crypto.com Secures Restricted Dealer Registration in Canada appeared on BitcoinEthereumNews.com.
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…
Filed under: News - @ May 13, 2025 4:27 am