Coinomi
Image default
Regulations

Good news for our Canadian friends

In July, Crypto.com has strengthened its presence in Europe by becoming a legal platform in Italy and Greece. This month, the exchange is looking to America by signing its first pre-registration commitment in Canada. This makes Crypto.com the first global cryptocurrency platform that operates under this commitment in this country.

crypto.com , crypto

Under tweet from Watcher.Guru on August 15th,” Crypto.com has signed a pre-registration undertaking with the Ontario Securities Commission (OSC) in Canada ».

According to the terms of the agreement, the exchange platform undertakes to work with the CSO to offer a suite of products and services in full compliance with Canadian regulations. It should be noted that the exchange is currently regulated in Canada under the aegis of a jurisdiction. This is the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

Kris Marszalek, CEO of Crypto.com , stated : “Compliance underlines everything we do at Crypto.com ». « The North American market and Canada in particular represent an important area of potential growth for the cryptocurrency market ”, he clarified. He said he was proud to work with the OSC. According to him, this partnership will allow Canadian customers to have access to a global, reliable, safe and secure cryptocurrency platform.

It is necessary to know that Crypto.com brings together more than 50 million users worldwide. Founded in 2016, the cryptocurrency exchange works to always offer an efficient platform to users.

The announcement of the pre-registration of Crypto.com with the OSC is good news. However, Crypto.com don’t plan on stopping there. The exchange has announced the acquisition of other licenses around the world. In particular, he indicated that the Monetary Authority of Singapore agrees to grant him a major payment institution license.

Receive a digest of the news in the world of cryptocurrencies by subscribing to our new daily and weekly newsletter service so you don’t miss anything essential Cointribune!

Réavatar action
Writing CT

Behind the generic signature “Editorial CT” are young journalists and authors with special profiles who wish to remain anonymous because they are involved in the ecosystem with certain obligations.

Related posts

Holidays, luxury, swimming pool and Bitcoin (BTC)

Edward Soriano

FTX and Sam, a strategy with little onions?

Edward Soriano

Polygon (MATIC) revolutionizes the automation of smart contracts

Edward Soriano