MSB registration — virtual currency dealing in Canada

About This Company

The company was incorporated in 2025. It holds a money services business registration granted by FINTRAC in Ottawa under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, in force from 2001-10-28. Statutory authority rests on PCMLTFA sections 5(h) and 5(h.1), alongside regulations SOR/2002-184 and SOR/2007-121. Permitted activities cover virtual currency dealing, money remittance, currency exchange, crowdfunding platforms, and virtual asset transfer services mapped under international standards. Geographically, the authorisation is valid across all 10 Canadian provinces and 3 territories for federal anti-money-laundering purposes. International passporting does not exist because the registration applies only within Canadian jurisdiction. Federal registration does not exempt the business from provincial regimes, including Quebec's Money Services Businesses Act administered by Revenu Québec and the AMF. Provincial securities regulators may also impose separate supervisory requirements if platform activities cross into securities trading. Marketing rules under federal guidelines strictly prohibit advertising the enterprise as licensed or endorsed by FINTRAC or the Government of Canada. Before signing, the buyer should check the official business activities and operating names on the public MSB Registry to confirm that all intended services are registered.