Kraken Gains Foothold in Canada with Registration & New Leadership

Crypto exchange Kraken secured a restricted dealer registration from the Ontario Securities Commission (OSC), bolstering its presence in Canada. This move allows Kraken to legally operate within the country and provide services under local oversight, marking a significant step forward for the platform. With more than $2 billion CAD in assets under custody already established in Canada, this designation places Kraken on the official list of authorized crypto trading platforms by the OSC, solidifying its position amidst evolving regulations in the digital finance sector.