In July, Crypto.com strengthened its presence in Europe by becoming a legal platform in Italy and Greece. This month, the exchange is turning its sights to America by signing its first pre-registration engagement in Canada. This makes Crypto.com the first global cryptocurrency platform that operates under this pledge in this country.
Crypto.com Commits to OSC
According a tweet from Watcher.Guru on August 15, “ Crypto.com has signed a pre-registration undertaking with the Ontario Securities Commission (OSC) in Canada“. The exchange resolves to work closely with the OSC. It thus intends to offer a range of products and services in full compliance with Canadian regulations. Note that Crypto.com is currently regulated in Canada under two jurisdictions. These are the Financial Transactions and Reports Analysis Center of Canada (FINTRAC) and the Autorité des marchés financiers (AMF) of Quebec.
Kris Marszalek, CEO of Crypto.com, said:“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 specified. He said he is 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.
You should know that Crypto.com has more than 50 million users worldwide. Founded in 2016, the cryptocurrency exchange works to always offer an efficient platform to users.
The announcement of Crypto.com pre-registration with the OSC is good news. However, Crypto.com does not intend to stop there. The exchange announced the obtaining of other licenses in the world. He notably indicated that the Monetary Authority of Singapore has agreed to grant him a license as a major payment institution.
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