The B.C.-based platform is the first to receive registration as a restricted dealer from a securities regulator outside Ontario, with the British Columbia Securities Commission giving its blessing. (The Logic)

Talking point: Canada’s cryptocurrency-trading platform sector is professionalizing, with a growing number of firms operating with the approval and oversight of securities regulators following a crackdown on the sector announced in late March. Netcoins joins Toronto-based Coinberry, which announced its approval to operate as a restricted dealer in August, and Wealthsimple, which faced a full year of unfettered competition from hundreds of unregistered rivals after receiving regulatory approval in August 2020. Some foreign platforms, such as Binance, have opted to exit Ontario rather than comply. Last week, regulators put crypto-trading platforms on notice that their marketing needs to meet higher standards, as well.