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

CryptoExpert by CryptoExpert
May 13, 2025
in Regulation
0
Crypto.com gets green light in Canada with restricted dealer registration
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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.

Phemex

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.

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