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Kraken Gains Restricted Dealer Status in Canada After Gemini’s Exit

  • Kraken obtained restricted dealer registration from the Ontario Securities Commission (OSC), reinforcing its position as a stable and compliant crypto exchange in Canada after Gemini’s exit.
  • Kraken expanded its Canadian operations by hiring Cynthia Del Pozo, a former Gemini executive, as its new general manager to drive growth and compliance.
  • With a long-standing presence in Canada since 2011, Kraken aims to leverage its regulatory approval and leadership expertise to enhance digital asset adoption and compliance.
  • The registration gives Kraken’s Canadian clients a reliable regulation system because the OSC supervises their transactions.

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