Coinsquare applies for regulated cryptocurrency marketplace in Canada

posted about 2 months ago
Coinsquare, one of Canada’s biggest digital currency exchanges, today said it has applied to the country regulators to operate a regulated marketplace for digital assets. If approved, the proposed venue would be the first to offer Canadians regulated automated trading systems that bring together institutional and retail orders of digital assets deemed securities.

CEO of the Toronto-based exchange, Coinsquare, Stacey Hoisak said Coinsquare conducts $5 billion per year in cryptocurrency trades and has over 100,000 customers, and went on to say “The outstanding leaders who have joined our executive team and Board will play an important role in informing and executing our mandate to deliver full transparency and compliance in all aspects of our operations.”
Tags: blockchain, bitcoin, news