Crypto.com gets green light in Canada with restricted dealer registration

By: bitcoin ethereum news|2025/05/13 02:15:04
0
Share
copy
This regulatory milestone enables the platform to continue offering crypto asset products and services across the country. The company is working toward getting its registration as an investment dealer and membership with the Canadian Investment Regulatory Organization (CIRO). The company was the first crypto trading platform to sign a Pre-registration Undertaking with the Canadian Securities Administrators. Crypto.com Canada announced today, that it has received restricted dealer registration in all provinces and territories of Canada. This regulatory milestone enables the platform to continue offering crypto asset products and services across the country as it works toward registration as an investment dealer and membership with the Canadian Investment Regulatory Organization (CIRO). The company was the first crypto trading platform to sign a Pre-registration Undertaking with the Canadian Securities Administrators and the Ontario Securities Commission in August 2022. Since then, it has collaborated with Canadian securities regulators to fulfill the criteria required for restricted dealer registration. Eric Anziani, President and Chief Operating Officer at Crypto.com, said: “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.” Crypto.com Custody Trust Company, a non-depository trust company licensed by the New Hampshire Banking Department, will serve as the primary custodian for the digital assets of Crypto.com’s Canadian users. “We look forward to providing secure custody services to the Canadian market and to registered cryptocurrency trading platforms that operate in line with the high standards set by Canadian securities regulators,” said Joe Anzures, President of Crypto.com Custody Trust Company. The restricted dealer registration granted to Crypto.com Canada on May 8, 2025, adds to the company’s growing portfolio of regulatory approvals worldwide. The firm’s global compliance framework now includes a MiCA license in the European Union, US Money Transmitter Licenses, Designated Contract Market and Derivatives Clearing Organization licenses in the US, a Major Payment Institution license in Singapore, a UK Electronic Money Institution license, and a Virtual Asset Service Provider license in Dubai. Source: https://coinjournal.net/news/crypto-com-gets-green-light-in-canada-with-restricted-dealer-registration/

You may also like

Uniswap is trapped in an innovation dilemma

The various iterations of Uniswap are one of the sources of vitality in the DeFi market, but since 2023, Uniswap has not proposed any substantial innovations, instead adhering to traditional business explorations in application chains, Launchpads, etc., leading to a slump in token prices and market ...

What is the key to competition in crypto banking?

Digital banks, crypto cards, wallets, super apps, and DeFi protocols are all converging towards the same goal: to become the primary gateway for your savings, spending, earning, and transferring in the new era.

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Popular coins

Latest Crypto News

Read more