Coinsquare is the first Canadian crypto-only platform to become IIROC member and fully regulated investment dealer and marketplace
October 12, 2022
On October 12, 2022, Coinsquare and its subsidiary, Coinsquare Capital Markets Ltd. ("CCML"), successfully completed the Investment Industry Regulatory Organization of Canada (IIROC) membership process, including investment dealer registration by the various Canadian securities regulators and achieving regulated marketplace status as an alternative trading system across Canada, with the Ontario Securities Commission as principal regulator. CCML also received exemptive relief from IIROC, and the member regulators of the Canadian Securities Administrators.
Coinsquare, based in Toronto, Ontario, is the leading cryptocurrency trading platform in Canada.
McCarthy Tetrault advised Coinsquare with a team led by Rene Sorell (Business), that included Ana Badour (Financial Services), Gary Litwack (Business), Victoria Zed (Business), and Shane C. D'Souza (Litigation).