Jurisdiction reference
Canada
Regulator: FINTRAC / CSA. License/registration context: Registration. 3166 VASP/entity records are tracked by Plexo Institute in Canada. Official registry source: FINTRAC MSB Registry. Data last updated: 2026-09-24.
Budget announcement November 4, 2025; draft stablecoin legislation to be tabled in parliament; Bank of Canada and Department of Finance coordinating framework development; expected implementation 2026; anticipated requirements: adequate asset reserves, fiat-backed (CAD or other currencies), redemption policies, licensing regime; alignment with G7 and international standards; regulatory authorities to be determined; framework still under development.
Regulatory Status
- Jurisdiction code
- CA
- Regime
- Registration
- Regulator
- FINTRAC / CSA
- Governing law
- PCMLTFA / CSA Staff Notice 21-327
- Travel Rule
- Enforced
- Tracked entities
- 3166
- Recognized stablecoin backing
- fiat-backed
- Yield-bearing stablecoins
- Restricted
- Currency
- CAD
Regulatory approach
Bank of Canada: Expected primary overseer of stablecoin payment system aspects, monetary policy implications, and systemic risk. Department of Finance: Provides policy framework, drafts legislation, coordinates regulatory approach. Dual federal coordination model with Bank of Canada handling operational oversight and Department of Finance setting policy direction (framework under development)
Licensed entities in Canada
Showing 100 of 3,166 regulated-entity records tracked in Canada by Plexo Institute.
| Entity | Status | License type |
|---|---|---|
| 088 Exchange CO | Registered | MSB Registration |
| 100 Exchange | Registered | MSB Registration |
| 1bitcoin | Registered | MSB Registration |
| 1coin Assets | Registered | MSB Registration |
| 1xwire | Registered | MSB Registration |
| 2139 Exchange | Registered | MSB Registration |
| 24 MEX | Registered | MSB Registration |
| 24-U | Registered | MSB Registration |
| 24coin Financial | Registered | MSB Registration |
| 2morrowswap | Registered | MSB Registration |
| 2payapp | Registered | MSB Registration |
| 3-102-958527 Sociedad de Responsabilidad Limitada | Registered | MSB Registration |
| 365 Money | Registered | MSB Registration |
| 3P Smart Finance | Registered | MSB Registration |
| 481 Exchange | Registered | MSB Registration |
| 4E International | Registered | MSB Registration |
| 54pay Technology | Registered | MSB Registration |
| 5656 Estore Management | Registered | MSB Registration |
| 5ive Coastal Design Studio | Registered | MSB Registration |
| 677 Financial | Registered | MSB Registration |
| 6ix Coin Exchange | Registered | MSB Registration |
| 6ixth Ideas Technologies | Registered | MSB Registration |
| 77uu Exchange | Registered | MSB Registration |
| 7th Star | Registered | MSB Registration |
| 8 Billion | Registered | MSB Registration |
| 8757 Exchange | Registered | MSB Registration |
| 8th Wonder Investments | Registered | MSB Registration |
| 8U Exchange | Registered | MSB Registration |
| 967 Exchange | Registered | MSB Registration |
| 9ja Settlement IN Canada | Registered | MSB Registration |
| A Remit | Registered | MSB Registration |
| A-Flow Financial | Registered | MSB Registration |
| A22 Industry | Registered | MSB Registration |
| A5 Global Digital Asset Exchange | Registered | MSB Registration |
| Aao Technologies | Registered | MSB Registration |
| Aaron Buys Gold | Registered | MSB Registration |
| AB Credit | Registered | MSB Registration |
| ABA | Registered | MSB Registration |
| Abbas Ali Shaik | Registered | MSB Registration |
| Abc Imoney | Registered | MSB Registration |
| Abdelrahman Eltayeb | Registered | MSB Registration |
| Abedi Exchenge | Registered | MSB Registration |
| Abs-Imoney | Registered | MSB Registration |
| Abvy International OÜ | Registered | MSB Registration |
| Acanis Major | Registered | MSB Registration |
| Accerx Universal Internationality | Registered | MSB Registration |
| Accru Finance | Registered | MSB Registration |
| Accrue Technologies Canada | Registered | MSB Registration |
| Ace Revolution Exchange | Registered | MSB Registration |
| Acetop Global Markets Group | Registered | MSB Registration |
| Achat Crypto | Registered | MSB Registration |
| Achil Payments | Registered | MSB Registration |
| Acm Trade | Registered | MSB Registration |
| Acquiring Platform Canada | Registered | MSB Registration |
| Acranotek Solutions | Registered | MSB Registration |
| Acru | Registered | MSB Registration |
| Acru Consulting | Registered | MSB Registration |
| Actyval Payment | Registered | MSB Registration |
| Adab Ventures | Registered | MSB Registration |
| Adamant Stone | Registered | MSB Registration |
| Adanlawo | Registered | MSB Registration |
| Adeagbo | Registered | MSB Registration |
| Adebayo Adewole | Registered | MSB Registration |
| Adefisayo Taiwo | Registered | MSB Registration |
| Adegunwa | Registered | MSB Registration |
| Adeyinka | Registered | MSB Registration |
| Adi Markets | Registered | MSB Registration |
| Adm Solutions | Registered | MSB Registration |
| Ado Trading Investment | Registered | MSB Registration |
| Advanced Management Capital | Registered | MSB Registration |
| Advanced Payment Solutions Canada | Registered | MSB Registration |
| Advantrade Capital | Registered | MSB Registration |
| Advanza Payment Services | Registered | MSB Registration |
| Adwise Trading | Registered | MSB Registration |
| Aerapass Canada | Registered | MSB Registration |
| Aeroxpay | Registered | MSB Registration |
| Aerum Pay | Registered | MSB Registration |
| Aes Pay | Registered | MSB Registration |
| Aetius Ventures Can | Registered | MSB Registration |
| Aex Crypto | Registered | MSB Registration |
| Aex Group | Registered | MSB Registration |
| AF Capital | Registered | MSB Registration |
| Affremit Payments | Registered | MSB Registration |
| Afkham-Rezai | Registered | MSB Registration |
| Africhange Technologies | Registered | MSB Registration |
| Africunia Incorporated | Registered | MSB Registration |
| Afroll | Registered | MSB Registration |
| Aga Traders Group | Registered | MSB Registration |
| Agboluaje | Registered | MSB Registration |
| Agile Financial Group | Registered | MSB Registration |
| Agps Solutions | Registered | MSB Registration |
| AH-Alpha Technology | Registered | MSB Registration |
| Ahara Payment Solutions | Registered | MSB Registration |
| Ahmadi | Registered | MSB Registration |
| Ahoo Pay | Registered | MSB Registration |
| Aidsn Group | Registered | MSB Registration |
| Aioport | Registered | MSB Registration |
| Airaximi | Registered | MSB Registration |
| Airswift Labs | Registered | MSB Registration |
| Aison Technology CO | Registered | MSB Registration |
Browse all 3,166 records in the regulated-entity registry, including the remaining 3,066 in Canada.
Stablecoin laws in Canada
Primary legal texts Plexo Institute tracks for Canada.
- Stablecoin-Legislation Development (enacted 2025-01-01)
Federal government and regulators are developing dedicated stablecoin legislation, influenced by U.S. GENIUS Act and industry input.
- CSA Staff Notice 21-333 (enacted 2023-10-01)
Conditions under which platforms can offer value-referenced crypto assets (i.e., stablecoins) in Canada, treats them as securities/derivatives.
- MSB Registration and Compliance (FINTRAC)
Businesses dealing in crypto must register with FINTRAC, implement AML/KYC oversight, and comply with operational due diligence.
- Capital and Liquidity Treatment of Crypto-asset Exposures (Banking) and (Insurance) Guideline (Enacted - Will be in force in 2026)
General approach to cryptoassets and requirements for federally regulated financial institutions.
Regulatory events in Canada
Dated regulatory developments Plexo Institute tracks for Canada, most recent first.
- The Canadian Government, through the Budget 2025 Implementation Act, announces a proposed Stablecoins Act (2025-11-18 · Legislative)
This is the first draft of the Stablecoins Act
- OSFI releases a letter to industry (revising both guidelines) (2025-10-29 · Legislative)
- OSFI releases a Capital and Liquidity Treatment of Crypto-asset Exposures (Banking) and (Insurance) Guideline (2025-02-20 · Legislative)
These Guidelines set out how Federally Regulated Financial Institutions must treat cryptoassets and adhere to the capital and liquidity requirements. Both guidelines will take effect early 2026.
- Initial Consultation Closes (2023-06-16 · Regulatory)
- OSFI opens consultation on fiat-referenced cryptoasset arrangements and activities. (2023-04-17 · Regulatory)
Opens initial consultation on international recommendations related to fiat-referenced cryptoassets.
Relationship Graph
Jurisdiction FAQ
Who regulates Canada?
The current Plexo Institute record lists FINTRAC / CSA as the regulator for Canada.
How many VASPs are tracked in Canada?
3166 VASP/entity records are tracked by Plexo Institute in Canada.
What is the Travel Rule status in Canada?
The current Plexo Institute record lists the Travel Rule status for Canada as Enforced.
Source Evidence
This profile is compiled from official legislation and regulator records. Source confidence: official source evidence.