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Cryptoknowmics 2022-08-16 07:22:05

Crypto.com Signs An Undertaking With Ontario Securities Commission

Crypto.com, a leading cryptocurrency exchange platform, confirmed today signing a Pre-Registration Undertaking (PRU) with the Ontario Securities Commission (OSC). Crypto.com has committed to offering cryptocurrency products in accordance with the OSC’s standards. With this signing, Crypto.com has become the first Canadian cryptocurrency platform operating under this regulatory undertaking. Pre-Registration Undertakings are legal documents that follow Crypto.com’s adherence to rules established by the Autorité des marchés financiers (AMF) in Quebec and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). We're extremely proud to share that we're the first global crypto platform to sign an undertaking with Canada' Ontario Securities Commission. Together with OSC, we'll provide a safe and compliant crypto platform to Canadian customers 🇨🇦 Full details 👇https://t.co/YoHsUUAk1j pic.twitter.com/Kx7Ic3Cw6A — Crypto.com (@cryptocom) August 15, 2022 The Shopify – Crypto.com Collaboration On February 18, 2021, Crypto.com applied to register with FINTRAC as a money services company. Recently, it collaborated with Canadian online retailer Shopify. As CEO Kris Marszalek notes, compliance is a fundamental component of the business, and the North American market provides excellent growth opportunities for cryptocurrency. To provide a secure and reliable platform, he continued, the firm strives to cooperate with the ...

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