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|
|Hibit Technology Ltd. (Hibit)||Restricted Dealer (Dealer)||September 13, 2023|
|Netcoins Inc. (Netcoins)||Restricted Dealer (Dealer)||March 24, 2022 (Revised)|
|Newton Crypto Ltd. (Newton)||Restricted Dealer (Dealer)||August 15, 2022|
|Shakepay Inc. (ShakePay)||Restricted Dealer (Dealer)||May 25, 2023|
|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 15, 2023|
Last updated May 25, 2023
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.
Certain unregistered crypto asset trading platforms have filed an enhanced pre-registration undertaking with their principal regulator following the publication of CSA Staff Notice 21-332. Pre-registration undertakings that have been reviewed are available on the CSA’s website. Pre-registration undertakings for other crypto asset trading platforms remain under review.
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.