Webull Canada to roll out crypto trading after gaining regulatory nod
Webull Canada will soon allow investors to trade Bitcoin, Ethereum, XRP and other crypto assets after receiving approval from the Canadian Investment Regulatory Organization (CIRO), the retail brokerage said Tuesday. The new service aims to provide investors with secure and compliant access to digital assets as they continue to gain mainstream adoption. Advertisement Michael Constantino, CEO of Webull Canada, said the approval marks an important milestone and reinforces the companys commitment to delivering secure, reliable access to crypto investing. “Many Canadians are looking for credible access to digital assets, and we look forward to offering investors another way to diversify their portfolios and take more control of their finances through the Webull platform,” Constantino stated. The offering also expands the companys suite of regulated investment products for Canadian investors, allowing them to manage funding, trading, reporting, and portfolio monitoring within a single ecosystem. The service, available 24/7, will launch with a low, transparent pricing model, with beta access available to select clients before a wider rollout in the coming weeks. The move comes months after Webull resumed crypto trading for US customers after suspending the service in 2023 amid regulatory pressures. The brokerage now offers trading in more than 50 cryptocurrencies, including Bitcoin, Ethereum, and Solana. Brazil
