Kraken secures restricted dealer registration in Canada

Kraken has obtained a restricted dealer registration in Canada to reaffirm its commitment to the market after the exit of rival exchange Gemini.

Cryptocurrency exchange Kraken has obtained a new registration in Canada at its latest compliance milestone.

Kraken has received a restricted dealer registration in Canada, reaffirming its commitment to serving Canadian investors, the company said in an announcement shared with Cointelegraph on April 2.

The registration comes as Kraken handles more than $2 billion in Canadian dollars ($1.4 billion) combined assets under custody for its Canadian users.

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