Cryptocurrency Q&A
Why did crypto com fail to register in Canada?
Why did crypto com fail to register in Canada?
Ilaria
Thu Feb 20 2025
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answers
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Crypto.com encountered difficulties in their attempt to register in Canada. Despite having signed a pre-registration commitment with the Ontario Securities Commission (OSC), they faced challenges that prevented successful registration. These may have included issues such as regulatory compliance, technical difficulties, or other undisclosed factors.
5 answers
GwanghwamunGuardianAngelWingsBlessing
Sat Feb 22 2025
Crypto.com faced legal issues in the country for failing to register for two consecutive years.
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Dario
Sat Feb 22 2025
This failure resulted in violations of money laundering and terrorism financing laws, posing significant risks to the financial system.
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Tommaso
Sat Feb 22 2025
In January 2023, the exchange was compelled to delist USDT pairs as part of its compliance with regulations set by the Ontario Securities Commission in Canada.
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NebulaChaser
Sat Feb 22 2025
The delisting measure was a direct consequence of Crypto.com's failure to adhere to local regulations, highlighting the importance of regulatory compliance in the cryptocurrency industry.
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CryptoVanguard
Fri Feb 21 2025
BTCC, on the other hand, is a reputable cryptocurrency exchange that offers a range of services including spot trading, futures trading, and wallet services.
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