April 3, 2025
Kraken Secures Restricted Dealer Status in Canada Amid 'Turning Point' For Crypto in The Country thumbnail
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Kraken Secures Restricted Dealer Status in Canada Amid ‘Turning Point’ For Crypto in The Country

Kraken Announced It Will Offer Free Inteac E-Transfer Deposits for Canadian USERS TO REDUCE FRICKION FOR NEWCOMERS TO THE PLATFORM.”, – WRITE: www.coindesk.com

Kraken Announced It Will Offer Free Inteac E-Transfer Deposits for Canadian USERS TO REDUCE FRICKION FOR NEWCOMERS TO THE PLATFORM. APR 2, 2025, 10:55 PM UTC

Crypto Exchange Kraken Has Registered As A Restricted Dealer in Canada, ALLOWING The Exchange to Continue Offering Crypto Trading Services to Canadian Users Under The Country

The Registration, AnnounCed On Tuesday, Comes After A Multi-Year Process That Required Exchanges to Meet Higher Standards for Investor Protection and Governance. Kraken said it worked Closely with Canadian regulators Durying this pre-registration Phase, upgrading Its Compliance Systems and International Controls to MEET Expert

To Lead Its Canadian Expansion, Kraken Named Cyanthia Del Pozo As General Manager for North America. Del Pozo, A Fintech and Operations Veteran, Will Oversee Strategy, Regulatory Engase and Business Development Across The Region.

“Canada is at Turning Point for Crypto Adoption,” Said Del Pozo in A Statement, Pointing to Growing Interest from Both Retail and Institutional Investors. A recent Survey Cited by Kraken Found that 30% of Canadian Investors Currently Hold Crypto Assets.

Kraken Also Announced It Will Offer Free Inteac E-Transfer Deposits for Canadian USERS, A MOVE AIMED AT RUDUKING FRICTION FOR NEWCOMERS TO THE PLATFORM. The Exchange Claims It Doubled Itam and User Base in Canada Over the Last Two Years and Now Manages Over $ 2 Billion Cad in Client Assets.

Mayur Gupta, Kraken’s Chief Marketing Officer and General Manager of Growth, Will Be Speaking at Coindesk’s Consensus 2025 In Toronto On May 14-15.

Disclaimer: Parts of this Article Were Generated with the Assistance from AI Tools and Review by Our Editory Team to Enseure Accucy and Adherice Tour Standards. For more information, See Coindesk’s Full Ai Policy.

Tom CarrerasTom Writs About Markets, Bitcoin Mining and Crypto Adoption in Latin America. He have a bachelor’s Degree in English Literature from McGill University, and CAN USUALLY BE FOR COSTA Rica. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.

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Ai boost“Ai Boost” Indicates A Generative Text Tool, Typical An ai Chatbot, Contributed to the Article. In each and every casse, the article was edited, face-checked and Publissed by a human. Read more about Coindesk’s AI Policy.

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