Crypto Exchange Signs Commitment to Canadian CSOs

The crypto bear market has had different effects on exchanges across the space. While some have gone underwater during this time, others continue to thrive due to their established user base. One of them has been, a crypto exchange that saw remarkable growth in 2021. Now, the exchange is taking its operations a step further by starting its planned expansion into North America. secures pre-registration in Canada

Throughout the bull market, had been one of the crypto platforms that had made their intentions for global dominance known. It has made it through even through the downtrend and is now moving to get its trades right across North America.

On Monday, the cryptocurrency exchange announced that it had secured a pre-registration commitment with the Ontario Securities Commission (OSC) in Canada. This pre-registration is the first of its kind for any international cryptocurrency exchange that even the largest cryptocurrency exchanges such as Binance and FTX have yet to secure. It is recognized by all CSOs and jurisdictions in Canada, as it is through a joint initiative of the Canadian Securities Administration (CSA), the report explains.

Although this does not completely give the green light to start offering crypto and digital asset services in the country, it is the first step towards this. Signing the pre-registration will see the OSC help the crypto exchange develop “a suite of products and services in full compliance with Canadian regulations.” (CRO) Price Chart from TradingView.comCRO price trending at $0.14 | Source: CROUSD on

This is another step in’s mission to provide crypto and digital asset products to users that are fully compliant with the law. Kris Marszalek, CEO of, explained that “Compliance underlines everything we do at” He went on to add that “The North American market, and Canada specifically, represent a significant area of ​​potential growth for the crypto market, and we are proud to work with OSCs and CSAs to provide Canadian customers with access to a secure, global platform. and confiable”.

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The crypto exchange appears to be on a roll when it comes to gaining regulatory approval for its operations. In July, it was reported that the Singapore-based exchange had received regulatory approval from the Cyprus Securities and Exchange Commission (CySEC) as it expanded into Europe.

Next was the approval of the Electronic Finance Law and Virtual Asset Service Provider registration license in Korea, one of the most difficult to obtain, in early August. On August 11, announced another approval, this time receiving registration and regulatory approval as a Virtual Asset Service Provider from the Cayman Islands Monetary Authority.

The streak shows a commitment to complying with regulatory laws, making a top contender to win investor confidence going forward.

Featured image from Global Happenings, chart from

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