On August 25, CoinW was officially granted the MSB (Money Services Business) license by the Financial Crimes Enforcement Bureau of Canada. This means CoinW can conduct crypto asset related services such as trading, payment, derivatives, etc. in Canada in a compliant way.
As the influence of crypto-assets continues to grow globally and drives the strategic layout of exchanges globally, regulation and compliance are the necessary infrastructure. In this process, CoinW has responded to the trend and actively laid out its global compliance, actively responding to the regulatory requirements of global governments for crypto asset trading, and cooperating with the requirements of each government to apply for relevant licenses.
Currently, CoinW has obtained financial licenses such as US MSB, Singapore MAS,
, SVGFSA and Abu Dhabi FSRA. The acquisition of the Canadian MSB license has become an important milestone in CoinW's compliance operation and accelerates CoinW's strategic layout of global development.
CoinW has also made a global strategic layout around compliance. As a one-stop crypto asset trading platform, CoinW has set up 16 localized trading service centers in 13 countries and regions around the world, providing professional services to 8 million blockchain investors from all over the world.
Along with the rapid advancement of international compliance, CoinW global crypto asset financial trading business has taken an initial shape. At present, it already has spot, contract, OTC, ETF trading, CoinW Earn, FansUp and other businesses, and the ecological layout has been continuously improved. CoinW has established CoinW Research Institute, CoinW Venture, HyperLab Digital Wallet Security Lab and other institutions to open the layout of the whole industry chain including research, investment, incubation, security technology research and development. CoinW Exchange will continue to make efforts in the fast developing international environment, to build the world's leading comprehensive crypto asset trading platform.
With the development and growth of the crypto asset industry, CoinW will definitely move firmly towards the path of compliance and embrace regulation with a proactive and positive mindset!