Crypto.com Secures Restricted Dealer Registration in Canada

By: cryptosheadlines|2025/05/13 13:15:05
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.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 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.shareSource link

You may also like

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets

Hong Kong judiciary landmark: The court officially recognizes cryptocurrency as legal property and introduces the "tokenized injunction" to track and freeze involved funds, comprehensively upgrading the protection of digital asset investors.

Track Markets At a Glance: New WEEX Price Widgets for iOS & Android

To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets

The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance

Warning of nearly $1 billion loss in DeFi: Security pain points have shifted from code vulnerabilities to permissions and operations. Introducing TradFi bank-level risk control and AI defenses is the way to balance openness and security.

A Brief Analysis of Stablecoin Licenses and On-Chain Funding

Hong Kong accelerates the layout of digital finance, providing a panoramic analysis of the evolution of three major on-chain financial forms: central bank digital currency, deposit tokens, and stablecoins, along with future opportunities.

BVNK Founder: Three Stages of Stablecoin Development

Once payments become faster, cheaper, and globally interconnected, stablecoins will not just open up a new market, but a new realm with boundaries that are not yet visible today.

The truth about Trump's son's Bitcoin game: he made a staggering $100 million while retail investors lost $500 million

The Trump family has a family skill: to exaggerate and make something sound bigger than it actually is.

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