What to know:
- Kraken has officially joined the Canadian party as a restricted dealer. 🍁
- Cynthia Del Pozo is the new queen bee of Kraken’s North American operations. 👑
- Free Interac e-Transfer deposits for all Canadian users! Because who doesn’t love free stuff? 🎉
So, guess what? The crypto exchange Kraken has decided to play nice and has registered as a restricted dealer in Canada. This means they can keep offering their crypto trading services to our lovely Canadian friends, all while tiptoeing through the evolving regulatory minefield. 🎢
Announced on a Tuesday (because when else?), this registration is the result of a multi-year saga where exchanges had to meet some pretty high standards for investor protection and governance. Kraken claims they were BFFs with Canadian regulators during this pre-registration phase, upgrading their compliance systems like they were getting ready for a first date. 💔
To spearhead this Canadian escapade, Kraken has appointed Cynthia Del Pozo as the general manager for North America. With her fintech and operations experience, she’s ready to tackle strategy, regulatory engagement, and business development like a pro. 💪
“Canada is at a turning point for crypto adoption,” said Del Pozo, probably while sipping a maple syrup latte. She pointed out that 30% of Canadian investors are now holding crypto assets, which is like saying a third of the country is ready to jump on the crypto bandwagon! 🚀
And wait, there’s more! Kraken is rolling out free Interac e-Transfer deposits for Canadian users. Because who doesn’t want to make it easier for newcomers to join the crypto craze? They claim to have doubled their team and user base in Canada over the last two years, managing over $2 billion CAD in client assets. That’s a lot of loonies! 💰
Oh, and don’t miss Mayur Gupta, Kraken’s chief marketing officer, who will be gracing the stage at CoinDesk’s Consensus 2025 in Toronto on May 14-15. Mark your calendars, folks! 📅
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2025-04-03 02:04