Crypto.com has announced that it has signed its first pre-registration undertaking with the Ontario Securities Commission in Canada. The undertaking marks Crypto.com as the first global cryptocurrency platform operating under this undertaking in the country.
JUST IN: 🇨🇦 https://t.co/gp8AK47xZj has signed a pre-registration undertaking with the Ontario Securities Commission (OSC) in Canada. pic.twitter.com/2DkabvgHdV
In an official statement, Crypto.com says the following:
Crypto.com is committed to working with the OSC to offer a suite of products and services in full compliance with Canadian regulations. This undertaking builds on Crypto.com’s existing regulation in Canada under the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Autorité des marchés financiers (AMF) of Quebec
Crypto.com houses more than 50 million user worldwide, and continues to grow and expand. It was founded in 2016, and works to progress the use of crypto currency in every wallet.
“Compliance underscores everything that we do at Crypto.com,” says Kris Marszalek, CEO of Crypto.com. “The North American market, and Canada specifically, represent a significant area of potential growth for the crypto market, and we are proud to work with the OSC and the CSA in providing Canadian customers access to a safe, secure, and reliable global platform.”
The announcement of Crypto.com’s pre-registration also comes with the news of more licenses being established around the world over the past months:
Disclaimer: Our articles are NOT financial advice, we are not financial advisors. All investments are your own decisions. Please conduct your own research and seek advice from a licensed financial advisor.
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