Canada regulatory requirements overview

Last updated: 31. 3. 2025

Kraken is registered as a Restricted Dealer in Canada by the Ontario Securities Commission (OSC), as principal regulator, and the Canadian Securities Administrators (CSA). This registration supports the integrity of our operations and ensures we can continue offering the best possible products and services to our valued Canadian clients.

As part of this process, we’ve made a number of changes to our platform to meet Canadian regulatory requirements. Below is an overview of the updates that may impact Canadian clients:

Canadian clients will receive account statements on a monthly basis. Each month, clients will receive a statement covering the activity from the previous month.

Kraken will also send emails to clients who have exceeded a recommended loss threshold, which we will determine based on your answers to the Investor Questionnaire. Please see here for a more detailed explanation of how loss notifications work.

We have a separate Terms of Service for Canadian clients, along with a number of Canada-specific legal disclosures available on our website. Clients are also required to acknowledge our Platform Risk Statement before using the platform. These measures are part of our commitment to providing greater transparency and clarity for our Canadian users.

If you would like more details on how we protect your personal information, you can read our Privacy Notice.

Kraken has implemented net purchase limits for some Canadian clients over a rolling 12-month period. These net purchase limits apply to purchases of all cryptocurrencies other than Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).

If you live in Alberta, British Columbia, Manitoba, Quebec, or Saskatchewan, these limits do not apply.

The limits are summarized below:

  • •

    If you qualify as a Permitted Client or Accredited Investor, you will not be subject to a net purchase limit.

  • •

    If you qualify as an Eligible Investor, you will be limited to a net purchase amount of CAD $100,000 in a rolling 12-month period.

  • •

    All other clients will be limited to a net purchase amount of CAD $30,000 in a rolling 12-month period.


To find out more about the net purchase limits and see examples of how they work please refer to this support article.

To understand the eligibility criteria for Permitted Client, Accredited Investor and Eligible Investor, please refer to this support article.

Article last updated: 2 April, 2025.

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