Crypto.com just hit a major milestone in Canada. The global crypto platform has officially received a Restricted Dealer Registration, allowing it to keep offering crypto products and services to Canadian customers while working toward full regulatory approval.
This move strengthens Crypto.com’s long-term commitment to Canada, one of the world’s most tightly regulated crypto markets.
What Does the New Status Mean?
The Restricted Dealer license means Crypto.com can continue operating legally in Canada while it seeks full investment dealer registration and membership with the Canadian Investment Regulatory Organization (CIRO).
This progress follows Crypto.com’s role as a pioneer in the country. Back in August 2022, it became the first crypto trading platform to sign a Pre-registration Undertaking with the Canadian Securities Administrators (CSA) and Ontario Securities Commission (OSC) — a key step toward regulatory clarity in Canada.
Enhanced Security and Custody for Users
Crypto.com isn’t just meeting legal requirements — it’s doubling down on user protection.
According to Eric Anziani, President and COO of Crypto.com, the company is committed to strong compliance protocols that improve trust and safeguard user funds.
To support this, Crypto.com Custody Trust Company will act as the main custodian for digital assets in Canada, offering secure storage aligned with Canadian standards.
“We’re proud to continue building in Canada with a focus on transparency, security, and compliance,”
— Eric Anziani, President & COO, Crypto.com
Canada Remains a Key Market
As regulators in Canada tighten oversight of the crypto industry, firms like Crypto.com that actively engage with regulators are better positioned to grow. This latest registration shows that the platform is serious about playing by the rules — and setting a high bar for competitors.
Key Takeaways:
- Crypto.com Canada secures Restricted Dealer Registration to continue serving Canadian users.
- The platform is working toward full registration with CIRO as an investment dealer.
- It was the first crypto exchange to sign a Pre-registration Undertaking with the CSA and OSC in 2022.
- Crypto.com Custody Trust Company will provide secure asset custody for Canadian customers.
- The move shows Crypto.com’s strong commitment to compliance and user protection in a regulated environment.
