Kraken has successfully registered as a limited seller in Canada, complying with the regulatory framework. This achievement is the result of a long preparation process and improved compliance systems, allowing the company to continue offering crypto transactions nationwide.

Kraken’s Registration in Canada

The registration process undertaken by Kraken is part of a multi-year effort aimed at enhancing investor protection and raising governance standards. The company has developed its internal control systems and compliance procedures to meet the expectations set by the Ontario Securities Commission.

Cynthia Del Pozo pointed out that Canada is at a pivotal moment in the adoption of crypto technologies, noting the increasing interest in this sector.

Service Developments and Growth

Kraken has appointed Cynthia Del Pozo as the North America General Manager, who will lead the company’s strategy, regulatory relations, and business development in the region. This appointment aims to contribute to the company’s sustainable growth objectives in the local market.

Under the new registration, the platform will offer Canadian users free Interac e-Transfer options. Over the past two years, the company has seen significant increases in its team and user base, managing customer as...