Kraken ensures limited status of dealers in Canada in the middle of “milestones” for crypto in the country

Cripto Exchange Krakeken was registered as a limited dealer in Canada, allowing the exchange still offers the services of the cryptoom trade in Canadian users within the country’s regulatory framework.

Registration, announced on TuesdayIt comes after a multi-year process that needs an exchange to meet more standards for protection and management of investors. Kraken said closely cooperated with Canadian regulators during this phase before registration, improving his agreement systems and internal controls to meet the expectations set by the Securities Ontario (OSC).

Lead its Canadian expansion, Kraken named Cinthia del Pozi as the Director General for North America. Del Pozo, Fintech and Operating Veteran, Supervisor Strategy, Regulatory Engagement and Business Development throughout the region.

“Canada is at a turning point for the CRIPTO adoption,” Delo said in the statement, pointing to the increasing interest and retail and institutional investors. Recent research issued by Kraken 30% of Canadian investors are currently holding the cryptic funds.

Kraken also announced that it would offer free Inter E-Transfer deposits for Canadian users, a move that aims to reduce friction for new applications on the platform. The exchange request has doubled its team and a customer base in Canada in the last two years and now operates over $ 2 billion in the client.

Maur Gupta, Kraken General Marketing Director and General Manager will be speech In COINDESK consensus 2025. In Toronto 14. to 15. May.

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