Source: Cointelegraph Original: "{title}"

Update (April 2, 9:50 PM): This article has been updated to include official registration data from the Ontario Securities Commission.

Cryptocurrency exchange Kraken has obtained new registration in Canada, marking its latest compliance milestone.

According to official data from the Ontario Securities Commission (OSC) website, Kraken received its restricted dealer registration from the OSC on April 1.

The registration reaffirms Kraken's commitment to serving Canadian investors, with assets currently hosted on its platform totaling over CAD 2 billion (approximately USD 1.4 billion).

Excerpt from the list of registered crypto asset trading platforms obtained from the OSC. Source: OSC

With the approval of the registration, Kraken announced the appointment of Cynthia Del Pozo as General Manager for North America. Before joining Kraken in 2025, Del Pozo served as the head of strategy at Gemini, owned by the Winklevoss twins, which exited the Canadian market at the end of 2024.

According to the Canadian Securities Administrators (CSA), the restricted dealer registration is one of eight types of company registrations in Canada, used to inform investors about the products and services they can offer.

Unlike investment dealers or investment fund managers, restricted dealer registration is a special classification for companies that "cannot be fully categorized into other categories" and must register according to the requirements or conditions set by the securities regulatory authority.

Excerpt from the CSA's explanation of company and individual registration types. Source: CSA

In the announcement, Kraken stated that this registration benefits its Canadian customers by providing a solid regulatory foundation, ensuring that its platform is under the supervision of the OSC.

Kraken's strengthened commitment to the Canadian market comes just months after its competitor, Gemini, exited the country at the end of 2024.

Gemini's sudden exit from Canada surprised many and raised questions about the clarity of the country's cryptocurrency regulatory policies.

Kraken's new North American General Manager, Del Pozo, worked at Gemini Canada for three years, and according to her LinkedIn profile, her most recent position was Head of Strategy and Corporate Development.

Excerpt from Cynthia Del Pozo's LinkedIn profile. Source: LinkedIn

Despite Gemini's closure in Canada, Del Pozo remains optimistic about the state of the local crypto market.

"Canada is at a turning point for cryptocurrency adoption, with more and more investors and institutions beginning to recognize that digital assets are an important part of the financial future," she stated in the announcement, adding:

"I am excited to join Kraken's mission at this critical moment and lead our expansion efforts to ensure we can provide innovative and compliant products to our customers in the long term."

Kraken's latest registration in Canada marks another milestone in the company's long development journey in this jurisdiction.

According to a blog post from the exchange, Kraken's journey in Canada began in 2011 when it launched the early local crypto trading platform CaVirtEx, based in Calgary, which was later acquired by Kraken in 2016.

Related: Canada's new Prime Minister once stated that Bitcoin has "serious flaws."

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。