Kraken Secures Restricted Dealer Registration in Canada

Crypto exchange Kraken has received Restricted Dealer registration from the Canadian Securities Administrators (CSA). This signifies Kraken’s official authorization to operate within Canada and offer its crypto services, but it comes with compliance requirements set forth by the government. The company completed a pre-registration undertaking (PRU) with Canadian authorities before obtaining this registration. The Ontario Securities Commission (OSC) will now oversee Kraken’s adherence to these regulatory obligations.