We are delighted to announce that Kraken officially obtained a limited registration of the concessionaire in Canada, reaffirming our commitment to serve Canadian cryptography investors while joining an improvement in investor protection advice for crypto exchanges.
We are also delighted to welcome Cynthia del Pozo as a new managing director for North America. Cynthia will lead Kraken’s next growth phase across Canada, strengthening our regulatory, political and commercial relations while we continue to evolve our presence across North America.
To celebrate this new chapter and reaffirm our commitment to Canada, We are now offering free interacted transfer deposits to all Canadian customersPromote our efforts to make the investment in cryptography more accessible, affordable and transparent.
Marked compliance of years of manufacture
This achievement marks the culmination of a rigorous pre-registration process (PRU), during which Kraken systematically strengthened its governance, security and compliance protocols to meet the highest standards in the industry.
Consequently, our Canadian customers now benefit from a solid regulatory foundation, guaranteeing access to some of the most innovative and secure cryptographic products of the local ecosystem under the supervision of the Ontario securities commission (OSC).
Presentation of the new Canadian GM
We are delighted to welcome Cynthia del Pozo to direct our Canadian operations. With nearly 15 years of experience in business development, operations and Fintech council, Cynthia is exceptionally well equipped to conduct Kraken’s expansion and commitment through Canada at this time responsible for the evolution of cryptography.
“Canada is a turning point for the adoption of the crypto, with an increasing number of investors and institutions recognizing digital assets as an essential element of the financial future. I am delighted to join Kraken’s mission at this critical moment and to lead our expansion efforts, ensuring that we continue to serve our long -term customers with innovative and compliant products, “said Del Pozo.
Kraken’s continuous growth in Canada
In the past two years, Kraken Canadian operations have increased exponentially, strengthening our long -term commitment to the market and our customers:
- Has doubled both the size of our team and monthly transaction users during the PRU process
- Has exceeded $ 2 billion DIA in combined active assets of customers under the custody
- Expanded support for many popular cryptocurrencies, while offering several pairs of CAO Spot trading, allowing Canadians to exchange crypto without incurring expensive FX fees.
- We are positioned to unlock the institutional demand for high quality cryptography products and services
Del Pozo continued: “This limited registration of dealers testifies to the high bar that Kraken has always established for consumer protection, customer service and robust security. We are delighted to continue to extend our world class investment platform and provide innovative products that provide a real utility for Canadians. ”
The role of Canada in the adoption of cryptography and the coming road
Canada played a pioneering role in the global adoption of cryptography, being the first country to:
- Install a Bitcoin Public Window in downtown Vancouver
- Launch Spot Bitcoin and Ethers Ethereum in 2021
The adoption of cryptography is accelerating in Canada, signaling long -term renewed confidence in the crypto asset class:
With a secure regulatory clarity, a new leader at the helm and an expansion suite of innovative cryptographic products, Kraken is well positioned to shape the future of digital finance in Canada.
Start with Kraken by registering for your account today.
