Crypto.com Canada announced that it received a restricted dealer registration on May 8, 2025 in each of the provinces and territories of Canada.
The restricted dealer registration allows Crypto.com Canada to continue offering crypto-assets products and services to Canadians while it seeks registration as “an investment dealer in Canada and membership with the Canadian Investment Regulatory Organization (CIRO).”
Crypto.com claims it was the first crypto trading platform to “sign a Pre-registration Undertaking with the Canadian Securities Administrators and the Ontario Securities Commission in August 2022.”
Since that time, Crypto.com has reportedly worked with Canadian securities regulatory authorities to “meet the requirements for registration as a restricted dealer.”
Eric Anziani, President and Chief Operating Officer at Crypto.com said:
“We have strong protocols for our Canadian operations which were put in place or strengthened during the course of the registration process and are designed to enhance the protection of our customers and their assets. We have invested heavily in our compliance infrastructure around the world, and specifically in relation to Canada, because we want our customers to have greater peace of mind knowing that they are dealing with a regulated firm in Canada.”
Crypto.com Custody Trust Company, a chartered trust company licensed by the New Hampshire Banking Department as “a non-depository trust company, will be the primary custodian for the digital assets of Crypto.com’s Canadian customers.”
Joe Anzures, President of Crypto.com Custody Trust Company said:
“Crypto.com Custody Trust Company looks forward to providing secure custody services to the Canadian market and to registered crypto currency trading platforms who will operate in accordance with the high standards established by Canadian securities regulators.”
The restricted dealer registration obtained by Crypto.com Canada adds to the list of “regulatory licenses, approvals and registrations obtained by various other Crypto.com entities around the world.”
They entities include the following: a MiCA license, “various U.S. Money Transmitter Licenses, U.S. Designated Contracts Market and Derivatives Clearing Organization licenses, a Major Payment Institution license in Singapore, a UK Electronic Money Institution license, and a Virtual Asset Service Provider license in Dubai.”
Founded in 2016, Crypto.com claims that it is trusted by “more than 140 million customers worldwide” and is is focused on ensuring “regulatory compliance, security and privacy.”
Their vision is: Cryptocurrency in Every Wallet.
Crypto.com notes that it is committed to accelerating the “adoption of cryptocurrency through innovation.”