amsterdam inn

CoinSmart Announces Grant of Marketplace Registration Status by Canadian Securities Regulators

CoinSmart Financial Inc. (NEO: SMRT) (FSE:IIR) ("CoinSmart"), a leading Canadian headquartered crypto asset trading platform, announced today that its wholly owned operating subsidiary Simply Digital Technologies Inc. has been granted status as a Marketplace by all Canadian securities regulators.

CoinSmart is only the second platform in Canada to achieve this relief, allowing customers to trade crypto assets securely through a fully regulated platform.

Earlier this year, CoinSmart was one of the first crypto trading platforms to be registered as a restricted dealer by all Canadian securities regulators. However, a restricted dealer cannot allow an order to be matched between two customers. Instead a restricted dealer has to match the other side of all customer orders. To fill an order restricted dealers will typically add a markup and route the order to an external liquidity provider (who may or may not be regulated in Canada). Marketplace Registration status now allows CoinSmart to offer full order book functionality where customer orders can be directly matched with one another.

CoinSmart CEO Justin Hartzman commented, "This is a tremendous step for CoinSmart and the Canadian crypto asset ecosystem as a whole. Clear and sensible regulation is paramount for further growth of our industry. We are proud to be one of the first Canadian platforms to achieve Marketplace Registration which will allow CoinSmart to continue to be a market leader. This is just another step towards our growth and future plans."

About CoinSmart

CoinSmart is a leading Canadian-headquartered crypto asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum. CoinSmart is one of the few crypto asset trading platforms in Canada to be registered as a restricted dealer and a marketplace with the Ontario Securities Commission. CoinSmart is also one of the first Canadian headquartered trading platforms to have an international presence, accepting customers across 40+ countries at a time when the digital asset industry continues to rapidly expand.

Cautionary Note Regarding Forward-Looking Information and Other Disclosures

This press release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may","could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this news release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: regulatory approvals. Accordingly, readers should not place undue reliance on the forward-looking information contained in this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

For further information please contact:

Justin Hartzman
Chief Executive Officer
E-mail:justin@coinsmart.com
Tel.: (647) 923-7678

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108377

News Provided by Newsfile via QuoteMedia

SMRT:AQN
The Conversation (0)
Society Pass Inc  Adds Cypto Currency Payments Capabilities by Partnering with Canada-based CoinSmart Financial Inc

Society Pass Inc Adds Cypto Currency Payments Capabilities by Partnering with Canada-based CoinSmart Financial Inc

Society Pass Inc (Nasdaq: SOPA) establishes a strategic crypto payment partnership with Canada-based CoinSmart Financial Inc (NEO: SMRT) (FSE: IIR), a leading crypto asset trading platform CoinSmart provides crypto currency transaction settlement services for consumers and merchants on SoPa's... Keep Reading...
CoinSmart Announces Acquisition by Coinsquare, Creating one of Canada's Largest Crypto Asset Trading Platforms

CoinSmart Announces Acquisition by Coinsquare, Creating one of Canada's Largest Crypto Asset Trading Platforms

CoinSmart Financial Inc. (" CoinSmart " or the " Company ") (NEO: SMRT) (FSE: IIR), announced today that it has entered into a definitive agreement dated September 22, 2022 (the " Purchase Agreement ") with Coinsquare Ltd. (" Coinsquare "), a leading Canadian crypto asset trading platform,... Keep Reading...
CoinSmart announces new Chief Compliance Officer, AGM Voting Results and provides Corporate Update

CoinSmart announces new Chief Compliance Officer, AGM Voting Results and provides Corporate Update

CoinSmart Financial Inc. ("CoinSmart" or "CFI") (NEO: SMRT) (FSE: IIR), a leading Canadian-headquartered crypto asset trading platform, announced today that Sheereen Khan has joined CoinSmart as Chief Compliance Officer. Prior to joining CoinSmart Ms. Khan held senior compliance positions with... Keep Reading...
CoinSmart Announces Q2 2022 Financial Results

CoinSmart Announces Q2 2022 Financial Results

/NOT FOR DISTRIBUTION IN THE US/ CoinSmart Financial Inc. ("CoinSmart" or "CFI") (NEO: SMRT) (FSE: IIR), a leading Canadian headquartered crypto asset trading platform, announces the release of its condensed interim consolidated financial statements for the three months ended June 30, 2022 and... Keep Reading...
The Glenlivet and CoinSmart Bring Whisky and Crypto Together in Unique Partnership in Canada

The Glenlivet and CoinSmart Bring Whisky and Crypto Together in Unique Partnership in Canada

/NOT FOR DISTRIBUTION IN THE U.S/ Just in time for Father's Day, the partnership kicks off with free crypto for Glenlivet purchasers in Ontario and British Columbia CoinSmart Financial Inc. ("CoinSmart" or "CFI") (NEO: SMRT); (FSE: IIR), a leading Canadian-headquartered crypto asset trading... Keep Reading...
Torrent Capital Reports Preliminary Q3 2025 Financial Results and Portfolio Update

Torrent Capital Reports Preliminary Q3 2025 Financial Results and Portfolio Update

Torrent Capital Ltd., (TSXV: TORR,OTC:TRRPF), ("Torrent" or the "Company") today announced its preliminary financial results for its third quarter ended September 30, 2025, along with an initial update on portfolio performance. As of September 30, 2025, Torrent reports a Net Asset Value ("NAV")... Keep Reading...
Canadian flag with geometric patterns overlaid.

3 Best-performing Canadian Crypto Mining Stocks of 2025

Canadian crypto stocks offer investors exposure to the booming cryptocurrency market. Cryptocurrencies are digital currencies that are independent of traditional banking systems. They exist on a blockchain, a secure and immutable transaction record shared among many computer nodes in a... Keep Reading...
Bitcoi on a circuit board with a US$100 bill and stock market graphs overlay.

Crypto Market Update: Bitcoin Takes Back Losses, Analysts Predict Price Rally Will Continue

Here's a quick recap of the crypto landscape for Wednesday (October 8) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure:... Keep Reading...
Bitcoin and Australian flags waving against a sunset sky.

Australian Treasury Releases Draft Bill on Cryptocurrency Exchange Regulation

Australia has published a draft bill to regulate cryptocurrency exchanges, proposing to bring crypto platforms under the Australian Financial Services Licence (AFSL) regime.The bill forms part of Australia’s broader digital asset strategy, which was unveiled in March and is aimed at delivering... Keep Reading...
Bright lights form radiating patterns in a dark room, creating an illusion of endlessness.

Sid Powell on Maple Finance's Evolution and the Future of DeFi Lending

In the evolving world of decentralized finance (DeFi), institutional lending has emerged as a crucial frontier bridging traditional finance and blockchain innovation. Maple Finance, a DeFi lending platform managing over US$4 billion in assets, stands out as a leader. It takes a unique approach... Keep Reading...
Nasdaq building display promoting blockchain for safer, faster transactions.

XION and Fireblocks Partner to Accelerate Mass Market Blockchain Adoption

In a major step toward mainstream blockchain adoption, XION, a consumer-centric Layer-1 blockchain, has announced a strategic integration with Fireblocks, a digital asset infrastructure provider trusted by over 2,000 institutions, including BNY Mellon (NYSE:BK), Galaxy Digital (NASDAQ:GLXY) and... Keep Reading...

Latest Press Releases

Related News