Crypto.com Signs Pre-Registration Undertaking with OSC: What This Means for Canadian Crypto Users
Big news for Crypto.com users in Canada! The cryptocurrency platform Crypto.com has signed a Pre-Registration Undertaking with the Ontario Securities Commission (OSC), signaling a significant step towards full regulatory compliance in Ontario. This move allows Crypto.com to continue operations while its application for registration is being reviewed.
Crypto.com Inks Agreement with OSC
Global cryptocurrency exchange Crypto.com has now inked a Pre-Registration Undertaking with Canada’s Ontario Securities Commission (OSC). With this agreement, Crypto.com demonstrates its commitment to adhering to Canadian regulations and providing a secure and compliant trading environment for its users.
Why is a Pre-Registration Undertaking Important?
The following crypto asset trading platforms have entered into a pre-registration undertaking with their principal regulator to continue operations while their application for registration is reviewed. This undertaking signifies a commitment to working with the OSC and meeting their requirements for operating a cryptocurrency trading platform in Ontario.
Official Announcement: Crypto.com Commits to Canadian Compliance
Today, August 15, the cryptocurrency platform Crypto.com made the announcement that it has signed a pre-registration undertaking with the Ontario Securities Commission (OSC) in Canada. Crypto.com has signed a Pre-Registration Undertaking with the Ontario Securities Commission (OSC) in Canada, which will follow the regulations introduced by the OSC. This agreement ensures Crypto.com will operate within the regulatory framework established by the OSC, providing users with increased confidence and security.
What Does This Mean for Crypto.com Users in Ontario?
This Pre-Registration Undertaking provides a degree of assurance for Crypto.com users in Ontario, as it demonstrates the platform\'s proactive approach to meeting regulatory standards. While the full registration process is underway, this agreement allows Crypto.com to continue offering its services to Canadian residents.