Dear BTCMEX users,
BTCMEX has secured the Canadian MSB (Money Services Business) license on December 21, 2020, officially accepts FINTRAC’s supervision, and can legally carry out Cryptocurrency trading services in Canada. Obtaining the Canadian MSB certificate is an important symbol of the global development of BTCMEX, as a symbol of the further improvements of the BTCMEX regulatory system and global compliance operations.
FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) is a financial intelligence unit in Canada. The Canadian government issued a decree in 2019 to confirm that companies engaged in Cryptocurrency transactions need to apply to FINTRAC to become an MSB service Quotient.
BTCMEX has now been reviewed and approved by the Canadian regulatory agency FINTRAC, has been licensed by MSB, and is regulated by the local law Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the "PCMLTFA").
As a world-renowned Cryptocurrency exchange, BTCMEX is actively exploring the global market and deploying globally while also continuously promoting its licensed business. In addition to the Canadian MSB license obtained this time, BTCMEX has also previously obtained the US regulatory agency FinCEN (US The US MSB license issued by the Financial Crimes Enforcement Bureau, an agency under the Ministry of Finance, is allowed to perform Cryptocurrency exchange services and Cryptocurrency wallet services in the country.
"Guaranteeing the safety of funds and fulfilling compliance requirements" is the operating principle of BTCMEX. BTCMEX will continue to carry out compliance work globally, embrace global supervision, and become a benchmark platform for international operations in the industry, providing global users with more professional, safe, and compliant Cryptocurrency trading services.