Kraken Secures Restricted Dealer Status in Canada Amid ‘Turning Point’ for Crypto in the Country
Crypto exchange Kraken has registered as a restricted dealer in Canada, allowing the exchange to continue offering crypto trading services to Canadian users under the country’s evolving regulatory framework.
The registration, announced on Tuesday, comes after a multi-year process that required exchanges to meet higher standards for investor protection and governance. Kraken said it worked closely with Canadian regulators during this pre-registration phase, upgrading its compliance systems and internal controls to meet expectations set by the Ontario Securities Commission (OSC).
To lead its Canadian expansion, Kraken named Cynthia Del Pozo as general manager for North America. Del Pozo, a fintech and operations veteran, will oversee…
