Techub News says stablecoin infrastructure company Crossmint has expanded its regulatory footprint into Canada. The company has registered with the Bank of Canada as a payment service provider under the Retail Payment Activities Act (RPAA), and it has also registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a money services business (MSB). Crossmint said the move is aimed at expanding its regulated stablecoin rails.
Techub News says stablecoin infrastructure company Crossmint has expanded its regulatory footprint into Canada.
The company has registered with the Bank of Canada as a payment service provider under the Retail Payment Activities Act (RPAA). It has also registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a money services business (MSB).
Crossmint said the move is aimed at expanding its regulated stablecoin rails.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
