Which organizations regulate crypto in Canada?

Crypto exchanges in Canada must be registered with FINTRAC as money services businesses. They must also report large transactions to FINTRAC and verify the identity of platform users to meet Know Your Customer (KYC) requirements. Provincial securities regulators also have a regulatory role to play. The Canadian Securities Administrators (CSA) issues guidance about the regulation of crypto assets, and provincial regulators like the Ontario Securities Commission (OSC) ensure that exchanges comply with that guidance.

How do I fund KuCoin in Canada?

You can't fund a KuCoin account in Canada. The Canadian Securities Administrators (CSA) lists KuCoin as a banned crypto trading platform, so Canadians are unable to use the platform. You'll need to compare other exchanges that are authorized to offer crypto trading services in Canada instead.

Can I use KuCoin in Alberta?

No. In April 2023, the Alberta Securities Commission added KuCoin to its Investment Caution List. The regulator warned that KuCoin is not registered to trade in or advise on securities or derivatives in Alberta. The Canadian Securities Administrators also lists KuCoin as a banned crypto trading platform.