Cryptocurrency Q&A Is Shakepay legal in Canada?

Is Shakepay legal in Canada?

JejuSunshineSoul JejuSunshineSoul Sun Nov 24 2024 | 7 answers 1578
I'm wondering if Shakepay, a cryptocurrency application that allows users to buy VISA credit cards with Bitcoin, is operating legally in Canada, where its headquarters are located. Additionally, I'm curious about the legal status and regulatory framework for such applications in Canada. Is Shakepay legal in Canada?

7 answers

Eleonora Eleonora Tue Nov 26 2024
Our operations comply with the regulations set by FINTRAC.

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CryptoVisionary CryptoVisionary Tue Nov 26 2024
We hold a license from FINTRAC.

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Leonardo Leonardo Tue Nov 26 2024
This license categorizes us as a Money Service Business.

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Chloe_thompson_artist Chloe_thompson_artist Mon Nov 25 2024
It also extends to all Canadian territories.

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CryptoPioneer CryptoPioneer Mon Nov 25 2024
In addition to the national license, we are also registered.

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