We want to share an update on the work that has been happening behind the scenes as our platform continues to grow and evolve. Newton has now completed the process required for crypto trading platforms operating in Canada under the oversight of the Canadian Investment Regulatory Organization (CIRO) and is now registered as a CIRO dealer member.
CIRO is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers, and trading activity on Canada's debt, equity and digital asset marketplaces.
Your experience on Newton does not change. You can continue to fund your account, withdraw your assets, and trade the crypto that is available on our platform. We are committed to keeping everything familiar and easy to use. Existing customers can continue using Newton through the app or the web platform.
You can log in to your account at any time
You may notice some updates as part of our new status as a CIRO dealer member. Some of our disclosures, account agreements, account statements, and flows have been updated to reflect CIRO requirements. The disclosures in our crypto asset statements and knowledge base articles may continue to be refined to align with the new regulatory framework under which we now operate.
CIRO provides the oversight structure for investment dealers across Canada. Becoming a CIRO dealer member involves meeting detailed requirements for governance, supervision, risk management, and operational controls. Meeting these standards helps strengthen our foundation and supports a more transparent experience for Canadians who choose to engage with crypto.
Want to learn more about how Newton works?
Visit the Newton Knowledge Base
• Funding and withdrawals in Canadian dollars remain the same
• The tools and features you rely on in the Newton app and web experience stay the same
• We will continue to communicate with clarity and transparency
• There are no changes to how your crypto assets are held on the platform
• Supported networks for crypto buy, sell, swaps, and staking remain available
• Our referral program has not changed
• Newton will continue to cover up to five dollars in network fee coverage for one crypto withdrawal per day
As part of operating under the CIRO framework, you may continue to see updates such as:
• updated disclosures
• revised agreements and required acknowledgements
• adjusted policies
• updated account statements and documents
• annual performance and fee reports
Crypto is still growing, and the rules around it are growing too. We will keep you in the loop as things progress so you understand how this work fits into your experience on Newton.
If you do not want to remain with us under our CIRO registration, you can withdraw or transfer your assets for no cost.
Have questions? Our Canadian support team is here to help you.
If you would like to keep reading, our blog includes guides and explainers that cover a wide range of crypto topics.
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