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Kraken remains committed to Canada

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Jenis terkait: Others

2023-03-30 22:33

We are pleased to announce that Kraken has filed a pre-registration undertaking with the Ontario Securities Commission. This PRU is a step on the road to becoming registered as a Restricted Dealer across Canada and demonstrates our commitment to following the Canadian Securities Administrators' recently enhanced investor protection guidance for crypto exchanges.Given the additional work required to obtain a regulatory license, some global exchanges have restricted or stopped offering services to Canadian clients. Kraken, however, is committed to supporting Canada as a cornerstone of our global business. In fact, we are proud to currently employ 250 Canadians who are all working hard to bring financial freedom to clients in their home jurisdiction! Get started with Kraken by signing up for your account today.Create account Canada is quickly becoming a major player in the crypto market. According to a recent OSC survey, 38% of Canadians believe that crypto assets play a key role in financial services, and 31% of Canadians plan to buy crypto assets in the next 12 months. Additionally, 13% of Canadians already own crypto assets, and among those who hold crypto assets, 27% trade them at least weekly. This shows that Canadians are increasingly recognizing the value of crypto assets and are actively investing in them. With its strong economy and supportive government regulations, Canada is an attractive market for crypto investors and the country is likely to continue to be a major player in the crypto market in the years to come. Kraken is already very active in Canada. Our exchange supports CAD spot pairs and our 24/7 support offers tailored assistance for Canadian clients looking for a secure and reliable trading platform. Over the coming months, Kraken will be making certain changes to services in Canada. We are always aiming to create a great customer experience and will inform our customers before implementing any changes that will impact trading. The PRU will help maintain the integrity of our operations and help all Canadians gain financial freedom through crypto. By signing this PRU, we are signaling our commitment to Canadian clients as a long term partner. We will continue to dialog with regulators in the space to serve you, our clients, better. Create account These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any digital asset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions apply. Share this:Twitter.LinkedIn.Reddit.Telegram.WhatsApp.Facebook..Like this:Like Loading...Related Posts:Kraken's 2022 year in review.Announcing the Kraken $100M+ volume fee tier trial.Kraken's Position on Regulation.Oxidizing Kraken: Improving Kraken Infrastructure Using Rust.