Is CoinSmart regulated?

CoinSmart is only the second platform in Canada to achieve this relief, allowing customers to trade crypto assets securely through a fully regulated platform.

CoinSmart complies with all of the applicable laws and regulations in each jurisdiction we operate in. In Canada, CoinSmart is fully registered as a Money Services Business (MSB) with FINTRAC.

CoinSmart was one of the first crypto trading platforms to be registered as a restricted dealer by all Canadian securities regulators (OSC regulations). As of December 2021, CoinSmart has been granted status as a Restricted Dealer (Dealer and Marketplace) by the OSC.

In Europe, CoinSmart is registered as a provider of virtual currency services with the Estonian Financial Intelligence Unit (FIU) (FVT000339).

The regulation of cryptocurrencies are constantly being reviewed by various governing bodies. At CoinSmart we take compliance very seriously and have an extensive Know Your Client and Anti Money Laundering Compliance program. Our team works with top industry lawyers and experts and keeps a close eye on the regulatory landscape for any upcoming changes.

More info could be found on:
What does CoinSmart do to keep my account secure?
What is Chainalysis and why CoinSmart use it?