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Crypto.com Sets a New Standard in Canada: Signs Regulatory Pre-Registration Undertaking with the OSC

CronosChainNews by CronosChainNews
August 15, 2022
in Cronos, Regulations
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Crypto.com Sets a New Standard in Canada: Signs Regulatory Pre-Registration Undertaking with the OSC
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A resounding wave of excitement sweeps the crypto world as Crypto.com, the world’s fastest-growing cryptocurrency platform, announces a groundbreaking achievement: signing a Pre-Registration Undertaking with the prestigious Ontario Securities Commission (OSC) in Canada. Recognized by the OSC and all Canadian jurisdictions as part of a joint Canadian Securities Administration (CSA) initiative, Crypto.com now proudly stands as the first global cryptocurrency platform operating in line with this regulatory undertaking in Canada. This monumental step reinforces Crypto.com’s unwavering commitment to compliance, making them a trailblazer in the Canadian crypto landscape. Under the terms of this historic agreement, Crypto.com is steadfastly devoted to collaborating with the OSC, ensuring that they offer a comprehensive suite of products and services in full compliance with Canadian regulations. This momentous undertaking builds upon Crypto.com’s existing regulation in Canada under the esteemed Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Compliance is the cornerstone of Crypto.com’s philosophy, as emphasized by Kris Marszalek, the visionary CEO of Crypto.com, stating, “Compliance underscores everything that we do at 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.” As the crypto landscape in North America continues to evolve, Canada emerges as a critical region for potential growth and innovation. Crypto.com’s partnership with the OSC and CSA not only solidifies their commitment to Canadian customers’ safety and security but also sets a precedent for responsible and forward-thinking crypto regulation in the region. Join Crypto.com on this trailblazing journey as they redefine the crypto experience in Canada. Embrace a future where compliance and cutting-edge innovation converge, empowering Canadian users to explore the world of cryptocurrencies with peace of mind. The future is bright, and Crypto.com’s dedication to regulatory excellence sets the stage for a vibrant and thriving crypto ecosystem in Canada and beyond. As they continue to expand their offerings and foster a secure global platform, Crypto.com is driving the evolution of the crypto industry, one pioneering step at a time.
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