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.