Crypto.com Canada has finally received the restricted dealer registration, enabling the agency to provide crypto asset services throughout Canadian provinces and related territories.
The authorization came on 8th May 2025. With this, the company can conduct basic operations. Meanwhile, the company still has to wait for a full registration as an investment dealer from the CIRO (Canadian Investment Regulatory Organization).
This development came as a response to Crypto.com’s previous commitment to Canadian regulatory compliance. In August 2022, Crypto.com signed a pre-registration with the Canadian Securities Administrators and the Ontario Securities Commission.
Therefore, Crypto.com became one of the former peers that conformed to the registration requirements. The step complies with the always evolving Canadian crypto oversight framework.
Compliance Systems; Custody Arrangements
During the registration procedure, the company developed unique operational safeguards. Meanwhile, it expanded the compliance system, which is characteristic of the Canadian market.
Crypto.com representatives say that the changes introduced were meant to improve customer asset protection, in accordance with regulatory expectations.
The Crypto.com Custody Trust Company, a chartered and non-depository trust managed by the New Hampshire Banking Department, would manage the digital asset custody for Canadian customers.
Company officials say the custodians will also collaborate with other crypto trade platforms that comply with the Canadian Securities guidelines.
The dealer registration sums up an enhanced collection of regulatory permissions gathered by the company. The list includes EU, UK, Singapore, the US, and UAE licensing.
Taking To The Future
This partnership will launch future banking and money management features by integrating Green Dot’s Arc platform. This will increase Crypto.com’s strength in the growing landscape of crypto banking and digital finance.
