signs agreement to Operate under Canada’s Securities Administration has informed that it has signed its first pre-registration undertaking with the Ontario Securities Commission in Canada. The undertaking commemorates as the first global cryptocurrency platform operating under this undertaking in the country.

The company mentions in an official announcement,

The document called a Pre-Registration Undertaking is identified in all Canadian jurisdictions and follows’s compliance with regulations put forth by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Autorité des marchés financiers (AMF) in Quebec. houses more than 50 million users globally and continues to grow and extend. It was founded in 2016 and works to progress the use of cryptocurrency in every wallet.

Also read, ACFC revealed the launch of the NFT Collection in collaboration with

Compliance underscores everything that we do: CEO Kris Marszalek

CEO said compliance is a pillar of the company, and the North American market, particularly in Canada, and represents significant crypto growth potential. Further, he added that the company is dedicated to working with the OSC and the Canadian Securities Administration to provide a safe and trustworthy platform. It is the first global crypto company with permission to conduct its business across all jurisdictions, including Quebec.

Following staff layoffs in early June, as the bear crypto market was in full swing, the company received in-principal approval from the Monetary Authority of Singapore to operate as a virtual asset service provider, even as rules around retail trading in the city-state constrict. The exchange became a Blockchain Association of Singapore member back in March 2022.

Hungry for more information?

NFT Calendar from NFTHi

Check out the Latest NFT News!

For more interesting updates on NFTs, connect with NFTHI on Twitter and Instagram.

Join us on Telegram!

NFTHI does not recommend any kind of Investment in NFTs or NFT trading. All the strategies are merely educational references.

Conduct thorough research before you start with NFTs

Share This Post

Related Posts

Doodles and Goblin-town, Two Rival Ethereum NFT Celebrations 

If you simply watched NFT NYC from a distance...

Tornado Cash Incident: Crypto community fights back against the ban

Many crypto and privacy advocates are trying to fight...

Rainbow Bridge Defends an attack, Hacker loses 5ETH

CEO of Aurora Labs, Alex Shevchenko, on Monday informed that...

NFL Reveals NFT-based Game titled “NFL Rivals”

A couple of days back, the National Football League...

BAYC Supergroup KINGSHIP Reveals NFT Passes For IRL Music Events

KINGSHIP, our favored BAYC supergroup will soon be releasing...

MetaMask unfolds an update to prevent NFT Scams

The Ethereum digital wallet MetaMask publicized an update of...