Kraken Registers in Canada, Appoints GM to Expand Crypto Services
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Kraken, a popular cryptocurrency exchange, has officially received a Restricted Dealer registration in Canada. This approval means Kraken meets strict security and compliance standards set by the Ontario Securities Commission (OSC), ensuring safer crypto trading for Canadians.
https://twitter.com/AssetsDaily/status/1907493724323811681
To celebrate, Kraken is offering free Interac e-Transfer deposits, making it easier and cheaper for Canadians to buy crypto. Crypto interest in Canada is growing, with 30% of investors now holding digital assets.
Kraken Appoints Cynthia Del Pozo as General Manager for North America to Drive Expansion in Canada
Kraken has also hired Cynthia Del Pozo as its new General Manager for North America. With 15 years of experience in finance and technology, she will lead Kraken’s expansion in Canada and strengthen relationships with regulators and businesses.
Exciting news from one of @KrakenFX’s fastest growing markets.
Today, we secured a Restricted Dealer registration in Canada, which gives regional clients more access and more ways to create crypto wealth.
We’re committed to Canada – and look forward to leading the next wave of…
— Dave Ripley (@DavidLRipley) April 2, 2025
Del Pozo shared her excitement about the role, saying, “Canada is at a key moment in crypto adoption. More people and institutions see digital assets as the future of finance. I’m excited to help Kraken grow and offer secure and innovative crypto products.”
Her leadership will help Kraken continue offering trusted services to Canadian investors.
Kraken Expands Rapidly in Canada, Doubles Team and Active Users, and Increases Crypto Offerings
Kraken has expanded rapidly in Canada. The company has doubled its team and the number of active users. It now holds over $2 billion CAD in client assets. Kraken has also added more cryptocurrencies and CAD trading pairs, helping Canadians avoid high currency conversion fees when trading crypto.
This growth puts Kraken in a strong position to serve both individual and institutional investors looking for secure crypto services.
Canada Leads in Crypto Adoption, with Kraken Poised to Shape the Future of Digital Assets
Canada has been a leader in the crypto space. It was the first country to install a Bitcoin ATM in Vancouver and introduced Bitcoin and Ethereum ETFs in 2021. Now, 30% of Canadian investors own crypto, and institutional adoption is increasing.
As regulations become clearer and Kraken expands, the company is set to play a key role in shaping Canada’s crypto future. With strong leadership and innovative trading options, Kraken is making crypto more accessible to Canadians.
