The following crypto asset trading platforms have received exemptive relief to offer crypto products to investors in Nova Scotia:
Name | Category of Registration | Date of Exemptive Relief |
Bitbuy Technologies (Bitbuy) | Restricted Dealer (Dealer and Marketplace) | November 20, 2021 |
Bitvo Inc. (Bitvo) | Restricted Dealer (Dealer) | April 25, 2022 |
Coinberry Limited (Coinberry) | Restricted Dealer (Dealer) | August 19, 2021 |
Coinsquare Capital Markets Ltd. (Coinsquare) | Investment Dealer (Dealer and Marketplace) | October 7, 2022 October 12, 2022 |
Fidelity Clearing Canada ULC (Fidelity Digital Assets) | Investment Dealer (Dealer) | April 18, 2022 |
Netcoins Inc. (Netcoins) | Restricted Dealer (Dealer) | March 24, 2022 (Revised) |
Newton Crypto Ltd. (Newton) | Restricted Dealer (Dealer) | August 15, 2022 |
Simply Digital Technologies Inc. (CoinSmart) | Restricted Dealer (Dealer and Marketplace) | October 21, 2021 |
Virgo CX Inc. (VirgoCX) | Restricted Dealer (Dealer) | May 30, 2022 |
Wealthsimple Digital Assets Inc. (Wealthsimple) | Restricted Dealer (Dealer) | June 18, 2021 |
Last updated October 12, 2022
Registered crypto asset trading platforms are subject to terms and conditions, which can be viewed in the individual exemptive relief decisions linked in the chart above.
The following crypto asset trading platforms have entered into a pre-registration undertaking with their principal regulator to continue operations while their application for registration is reviewed.
Name | Date of pre-registration undertaking |
Foris DAX, Inc. (Crypto.com) | August 3, 2022 |
Unregistered platforms operating in Nova Scotia that are non-compliant may be included on the Investor Alerts Database and subject to regulatory action, including temporary orders.
Registered and unregistered platforms are reminded that Commission staff may review their compliance with securities law requirements, including in relation to advertising and marketing. False or misleading advertising and improper marketing strategies raise concerns about the fitness of a firm and its principals for registration. For recent guidance, see Joint CSA-IIROC Staff Notice 21-330 Guidance for Crypto-Trading Platforms - Requirements relating to Advertising, Marketing and Social Media Use.