Coinsquare as the first crypto-only IIROC-registered in Canada
Created By Jyotish
Coinsquare is the Canada's longest-operating crypto asset trading platform.
The platform announced that IIROC had approved its dealer registration and IIROC membership.
With the regulation, Coinsquare's client funds will be fully segregated & hold by licensed and insured custodians.
Also, Coinsquare will have to provide monthly financial reports and keep enough money on hand to cover liabilities
The Canadian Investment Protection Fund will safeguard customer account funds in the case of bankruptcy.
At the time of writing, Coinsquare has over 500,000 users and provides access to more than 40 cryptocurrencies.
Since the exchange's launch in 2014, it has enabled deals worth about $5.82 billion.
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