Crypto Exchanges Must Register as Investment Dealers in Canada

The Canadian Securities Administrators (CSA) and the Canadian Investment Regulatory Organization (CIRO) have issued a statement “reminding” crypto trading platforms must comply with Canadian securities laws by registering as investment dealers and having membership with CIRO.

The CSA noted that it contemplated an interim approach, which allowed crypto trading platforms to operate as restricted dealers in an appropriately regulated environment for a time-limited period while working toward obtaining CIRO membership.

Membership with CIRO was generally expected to take two years.

The CSA stated:

“We encourage all CTPs to consult their legal counsel about Canadian securities law and CIRO rules, and to contact their principal regulator or CIRO staff with any questions.”

 



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 18, 2026 vs Jan 1, 2025 - Oct 18, 2025

Share this graph
Number of Filings129Prior 123 +4.9%
Target Raise, Total$3.37BPrior $3.45B -2.2%
This YTDYear priorChange
Filings 129 123 +4.9%
Target raise $3.37B $3.45B -2.2%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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