Tokenization & crypto licensing in Canada
3 official registers read, 327 entries from Ontario Securities Commission. 5 instruments from here are in our catalogue.
Buying crypto in Canada: what to know
Legal- Canadian Securities Administrators (CSA) / provincial securities commissions — Registration of crypto trading platforms
- CIRO — Self-regulatory organisation; crypto platforms becoming dealer members
- FINTRAC — AML; MSB registration for virtual currency dealers
- Bank of Canada — Stablecoin issuer supervision under the Stablecoin Act (2026)
- Canada Revenue Agency (CRA) — Tax authority
Half of a crypto capital gain is added to income and taxed at your marginal rate; if your activity is a business, the full profit is taxed. The planned rise to two-thirds was cancelled.
Gains: 50% of the gain included in income, taxed at combined federal + provincial marginal rates; business income fully taxed
- Platforms have been reported to cap net purchases of crypto other than BTC/ETH/LTC/BCH at C$30,000 per 12 months for non-eligible investors (limits vary by province).
- Some stablecoins (e.g. USDT) are not available on registered Canadian platforms.
- The CSA and provincial regulators publish warnings about unregistered platforms.
Checked 2026-10-29 · Confidence: medium · Sources: [1][2][3][4][5][6][7][8][9]
Not confirmed: CSA National Registration Search (register URL blocks automated access) · Cancellation of inclusion-rate increase (press only) · CIRO dealer-member role, FINTRAC MSB registration · Staking-as-income and 100% business income (not on CRA pages opened) · Whether CSA interim stablecoin conditions still apply unchanged
Compiled to the best of our knowledge from the sources linked. Information, not tax or legal advice. Rules change — check the linked official sources before acting.
Found an error or something out of date? Tell us at [email protected] — we check and correct it.
Who offers tokenization and crypto services in Canada
Crypto-asset service providers (VASPs/CASPs) in Canada are registered with the Ontario Securities Commission. Its register „Crypto businesses: registered CTPs, former CTPs, value-referenced crypto assets, other“ lists 31 companies (read 2026-10-14). The conditions for registering are set by the authority — its own list is the source.
- Coinsquare Capital Markets Ltd., also carrying on business as Bitbuy
- Coinbase Canada Inc.
- Cybrid Canada Inc.
- Fidelity Clearing Canada ULC (Fidelity Digital Assets)
- Fidelity Digital Asset Services, LLC
- Foris DAX CAN ULC, Foris DAX Limited and Foris Holdings US, Inc. (operating as Crypto.com)
- Ndax Canada Inc.
- Netcoins Inc. (Netcoins)
- Newton Crypto Ltd.
- Payward Canada Inc. and Payward, Inc. (operating as Kraken)
- Satstreet Inc.
- Shakepay Inc.
- Wealthsimple Investments Inc.
- Webull Canada Crypto Limited
- Bitbuy Technologies Inc. (Bitbuy)
- + 16 more in the register below
Where are crypto companies and VASPs registered in Canada?
With the Ontario Securities Commission. Its register “Crypto businesses: registered CTPs, former CTPs, value-referenced crypto assets, other” lists 31 companies (read 2026-10-14), for example Coinsquare Capital Markets Ltd., also carrying on business as Bitbuy, Coinbase Canada Inc., Cybrid Canada Inc., Fidelity Clearing Canada ULC (Fidelity Digital Assets). The requirements for registering are set by the authority; its own list is the source: https://www.osc.ca/en/industry/registration-and-compliance/crypto-businesses
What the authorities publish — and what we read
Status: Public register, read. Every address below was loaded, not guessed. A register entry records that an authority licensed, registered or approved something; it says nothing about whether you may or should buy it.
| Authority | Register | Finding |
|---|---|---|
| Ontario Securities Commission (OSC) | Crypto businesses: registered CTPs, former CTPs/PRUs, VRCA (stablecoin) undertakings, other crypto businesses | Public register, read |
| OSC | Orders, rulings and decisions - keyword search 'tokenized' | Public register, read |
| OSC | Reports of Exempt Distribution (Form 45-106F1) - bulk data | Public register, read |
| Canadian Securities Administrators (CSA) | Former CSA Regulatory Sandbox / Crypto Asset Trading Platform Decisions; Crypto Platforms Authorized to Do Business with Canadians | Unclear |
| Canadian Investment Regulatory Organization (CIRO) | Dealer member / firm search | Unclear |
Crypto businesses: registered CTPs, former CTPs, value-referenced crypto assets, other
Licensed or registered providers · 31 entriesOntario Securities Commission · source · read 2026-10-14
| Register no. | Name | Category |
|---|---|---|
| Coinsquare Capital Markets Ltd., also carrying on business as Bitbuy | Coinsquare Capital Markets Ltd., also carrying on business as Bitbuy | Investment Dealer (Dealer and Marketplace) |
| Coinbase Canada Inc. | Coinbase Canada Inc. | Restricted Dealer (Dealer and Marketplace) |
| Cybrid Canada Inc. | Cybrid Canada Inc. | Restricted Dealer (Dealer – Ontario only) |
| Fidelity Clearing Canada ULC (Fidelity Digital Assets) | Fidelity Clearing Canada ULC (Fidelity Digital Assets) | Investment Dealer (Dealer) |
| Fidelity Digital Asset Services, LLC | Fidelity Digital Asset Services, LLC | Exempt Marketplace and Clearing Agency |
| Foris DAX CAN ULC, Foris DAX Limited and Foris Holdings US, Inc. (operating as Crypto.com) | Foris DAX CAN ULC, Foris DAX Limited and Foris Holdings US, Inc. (operating as Crypto.com) | Restricted Dealer (Dealer and Marketplace) |
| Ndax Canada Inc. | Ndax Canada Inc. | Investment Dealer (Dealer and Marketplace) |
| Netcoins Inc. (Netcoins) | Netcoins Inc. (Netcoins) | Restricted Dealer (Dealer) |
| Newton Crypto Ltd. | Newton Crypto Ltd. | Investment Dealer (Dealer) |
| Payward Canada Inc. and Payward, Inc. (operating as Kraken) | Payward Canada Inc. and Payward, Inc. (operating as Kraken) | Restricted Dealer (Dealer and Marketplace) |
| Satstreet Inc. | Satstreet Inc. | Restricted Dealer (Dealer) |
| Shakepay Inc. | Shakepay Inc. | Investment Dealer (Dealer) |
| Wealthsimple Investments Inc. | Wealthsimple Investments Inc. | Investment Dealer (Dealer) |
| Webull Canada Crypto Limited | Webull Canada Crypto Limited | Investment Dealer (Dealer) |
| Bitbuy Technologies Inc. (Bitbuy) | Bitbuy Technologies Inc. (Bitbuy) | Restricted Dealer (Dealer and Marketplace) |
| Bitvo Inc. | Bitvo Inc. | Restricted Dealer (Dealer) |
| ByteX Financial Ltd. Et al operating as ByteX | ByteX Financial Ltd. Et al operating as ByteX | Pre-Registration Undertaking |
| CatalX CTS Ltd. operating as CatalX | CatalX CTS Ltd. operating as CatalX | Pre-Registration Undertaking |
| Coinberry Limited (Coinberry) | Coinberry Limited (Coinberry) | Restricted Dealer (Dealer) |
| DigiFinex Canada Limited et al operating as DigiFinex | DigiFinex Canada Limited et al operating as DigiFinex | Pre-Registration Undertaking |
| Gemini Trust Company, LLC et al operating as Gemini | Gemini Trust Company, LLC et al operating as Gemini | Pre-Registration Undertaking |
| Hibit Technology Ltd. | Hibit Technology Ltd. | Restricted Dealer (Dealer) |
| Simply Digital Technologies Inc. (carrying on business as CoinSmart) | Simply Digital Technologies Inc. (carrying on business as CoinSmart) | Restricted Dealer (Dealer and Marketplace) |
| Uphold Worldwide Ltd. et al operating as Uphold | Uphold Worldwide Ltd. et al operating as Uphold | Pre-Registration Undertaking |
| VirgoCX | VirgoCX | Restricted Dealer (Dealer) |
| Wealthsimple Digital Assets Inc. | Wealthsimple Digital Assets Inc. | Restricted Dealer (Dealer) |
| Circle Internet Financial, LLC | Circle Internet Financial, LLC | USDC |
| QCAD Digital Trust | QCAD Digital Trust | QCAD Tokens |
| APX Inc. | APX Inc. | Crypto-backed lending platform (OSC Launchpad*) |
| Shakepay Credit Inc. | Shakepay Credit Inc. | Crypto-backed lending platform |
| zerohash llc | zerohash llc | Immediate delivery VRCA-trading platform |
Reports of Exempt Distribution (Form 45-106F1) — token/crypto/blockchain issuers
Registered issues · 213 entriesOntario Securities Commission · source · read 2026-10-14
| Register no. | Name |
|---|---|
| 06009143-1 | Bluesky Digital Assets Corp. |
| 06047039-1 | Bluesky Digital Assets Corp. |
| 06061942-1 | Graph Blockchain Inc. (formerly, Reg Technologies Inc.) |
| 06064079-1 | Blockchain Venture Capital Inc. |
| 06067643-1 | Cryptoblox Technologies Inc. |
| 06077437-1 | 3iQ Global Cryptoasset Fund |
| 06085616-1 | BlockchainK2 Corp. (formerly Africa Hydrocarbons Inc.) |
| 06092415-1 | Bluesky Digital Assets Corp. |
| 06110492-1 | Bluesky Digital Assets Corp. |
| 06120839-1 | BlockchainK2 Corp. (formerly Africa Hydrocarbons Inc.) |
| 06133604-1 | Blockchain Venture Capital Inc. |
| 06149218-2 | New World Solutions Inc. (formerly, Graph Blockchain Inc.) |
| 06185832-1 | New World Solutions Inc. - formerly, Graph Blockchain Inc. |
| 06190452-1 | Spirit Blockchain Capital Inc. (formerly, 1284696 B.C. Ltd.) |
| 06205898-2 | Cryptoblox Technologies Inc. |
| 06208403-1 | Bluesky Digital Assets Corp. |
| 06208453-1 | Bluesky Digital Assets Corp. |
| 06222236-1 | Spirit Blockchain Capital Inc. (formerly, 1284696 B.C. Ltd.) |
| 06222492-1 | Bluesky Digital Assets Corp. |
| 06230804-1 | Spirit Blockchain Capital Inc. (formerly, 1284696 B.C. Ltd.) |
| 06234006-1 | 3iQ Global Cryptoasset Fund |
| 06236391-1 | VDAM Multi-Strategy Digital Asset Fund |
| 06310892-1 | Bluesky Digital Assets Corp. |
| 06353934-1 | Bluesky Digital Assets Corp. |
| 06373080-2 | Bitzero Blockchain Inc. |
| 06385075-3 | Blockchain Venture Capital Inc. |
| 06392401-1 | VDAM Multi-Strategy Digital Asset Fund |
| 06411915-1 | Blockchain Venture Capital Inc. |
| 06412457-1 | Bluesky Digital Assets Corp. |
| 06425049-1 | Blockchain Venture Capital Inc. |
| 06451490-1 | Blockchain Venture Capital Inc. |
| 06453568-1 | Spirit Blockchain Capital Inc. |
| 06468005-1 | Bitzero Blockchain Inc. |
| 06468080-1 | Bitzero Blockchain Inc. |
| 06468109-1 | Bitzero Blockchain Inc. |
| 06493582-1 | NextGen Blockchain Technologies Ltd. |
| EDR1507831220349-280 | Global Blockchain Technologies Corp. |
| EDR1508457219145-135 | HIVE Blockchain Technologies Ltd. |
| EDR1509461552-455 | CryptoGlobal Inc. |
| EDR1509749216-627 | DMG Blockchain Solutions Inc. |
| EDR1509818328-344 | DMG Blockchain Solutions Inc. |
| EDR1510357895-315 | 360 Blockchain Inc. |
| EDR1511467344829-365 | HIVE Blockchain Technologies Ltd. |
| EDR1512074011-743 | OCEAN FALLS BLOCKCHAIN CORP. |
| EDR1512402492-592 | CryptoGlobal Inc. |
| EDR1513635039-503 | Protos Blockchain Corp. |
| EDR1514588802278-593 | BIG Blockchain Intelligence Group Inc. |
| EDR1514589186-613 | Ocean Falls Blockchain Corp. |
| EDR1515288895-487 | ROSS SMITH CRYPTOCURRENCY INVESTMENT FUND LP |
| EDR1515456537951-436 | HIVE Blockchain Technologies Ltd. |
| EDR1516218135659-637 | GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. |
| EDR1516380122-133 | NextGen Blockchain Technologies Ltd. |
| EDR1516394378-793 | Blockchain Power Trust |
| EDR1516913156851-497 | TOKEN PLAY CORP. |
| EDR1516989509-321 | Fortress Blockchain Corp. |
| EDR1517254060-670 | Fortress Blockchain Corp. |
| EDR1517286198-970 | Blockchain Foundry Inc. |
| EDR1517957850-509 | Cryptobuyer Technologies Corp. |
| EDR1518191197-795 | Graph Blockchain Limited |
| EDR1518473971-767 | Crypto KABN Holdings Inc. |
Showing 60 of 213. The full list is in the register itself (link above).
Orders, rulings and decisions — keyword searches
Decisions and letters · 83 entriesOntario Securities Commission · source · read 2026-10-14
| Register no. | Name |
|---|---|
| — | Netcoins Inc. |
| — | Foris DAX CAN ULC, Foris DAX Limited, and Foris Holdings US, Inc. |
| — | NDAX Canada Inc. |
| — | Payward Canada Inc. and Payward, Inc. |
| — | Wealthsimple Investments Inc. |
| — | INX Digital Company, Inc. |
| — | zerohash llc |
| — | The Funds and Purpose Investments Inc. |
| — | Fidelity Clearing Canada ULC |
| — | Shakepay Credit Inc. |
| — | Coinbase Canada Inc. and Coinbase, Inc. |
| — | Newton Crypto Ltd. |
| — | Newton Crypto Ltd. |
| — | RBC Dominion Securities Inc. |
| — | APX Inc. |
| — | Bitfarms Ltd. |
| — | QCAD Digital Trust |
| — | Fidelity Advantage Bitcoin ETF et al. |
| — | The Funds and 3iQ Corp. |
| — | Foris DAX CAN ULC, Foris DAX Limited, and Foris Holdings US, Inc. |
| — | APX Inc. |
| — | Payward Canada Inc. and Payward, Inc. |
| — | Newton Crypto Ltd. |
| — | VirgoCX Inc. |
| — | Cybrid Canada Inc. |
| — | Decision: Ndax Canada Inc. |
| — | Coinsquare Capital Markets Ltd. |
| — | Virgo CX Inc. |
| — | Bitbuy Technologies Inc. |
| — | Fidelity Clearing Canada ULC |
| — | Fidelity Clearing Canada ULC |
| — | Coinbase Canada Inc. and Coinbase, Inc. |
| — | Newton Crypto Ltd. |
| — | Fractionvest Inc. |
| — | Wealthsimple Investments Inc. |
| — | Bitbuy Technologies Inc. |
| — | Fidelity Advantage Bitcoin ETF et al. |
| — | Netcoins Inc. |
| — | Hibit Technology Ltd. |
| — | Shakepay Inc. |
| — | In the Matter of an Opportunity to be Heard Requested by Emerge Canada Inc. |
| — | Finhaven Capital Inc |
| — | AL Venture, LLC and Angellist Advisors, LLC |
| — | Fidelity Digital Asset Services, LLC |
| — | Coinsquare Capital Markets Ltd. |
| — | Newton Crypto Ltd. |
| — | Fractionvest Inc. |
| — | Virgo CX Inc. |
| — | Bitvo Inc. |
| — | Fidelity Clearing Canada ULC |
| — | Netcoins Inc. |
| — | Bitbuy Technologies Inc. |
| — | Fidelity Advantage Bitcoin ETF et al. |
| — | Fidelity Clearing Canada ULC |
| — | Simply Digital Technologies Inc. (carrying on business as CoinSmart) |
| — | Netcoins Inc. |
| — | AngelList Holdings, LLC and AngelList Advisors, LLC |
| — | Coinberry Limited |
| — | TokenGX Inc. |
| — | AngelList Holdings, LLC and AngelList Advisors, LLC |
Showing 60 of 83. The full list is in the register itself (link above).
In our catalogue: 5 instruments from Canada
4 live, 1 matured or ended.