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News Explorer — Kraken Will Comply With Stricter Canadian Crypto Regulations

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Mar 30, 1:30 pm

Coindesk

Kraken Will Comply With Stricter Canadian Crypto Regulations

Kraken is complying with the Canadian Securities Administrators' tougher rules and has filed a pre-registration undertaking with the Ontario Securities Commission. Kraken has served Canadian clients for over 10 years and has over 250 team members based in Canada. Canada's new regulatory framework requires the segregation of assets held in custody and tightens rules for re-hypothecation, margin trading, and certain other trades. Kraken will be making some changes to services in Canada and will notify clients prior to any changes.

Kraken is complying with the Canadian Securities Administrators' tougher rules and has filed a pre-registration undertaking with the Ontario Securities Commission. Kraken has served Canadian clients for over 10 years and has over 250 team members based in Canada. Canada's new regulatory framework requires the segregation of assets held in custody and tightens rules for re-hypothecation, margin trading, and certain other trades. Kraken will be making some changes to services in Canada and will notify clients prior to any changes.

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