Virtual currency regulations

Canada's new virtual currency regulations are in effect

Canada has new regulations governing transactions in virtual currencies (which we know as crypto). Instacoin is a dealer in virtual currency and must comply with the new regulations. We believe stable and predictable rules for dealers in virtual currencies will benefit everyone.

As of June 1, 2021, we made these changes in our operations

• The limit on transactions is $980.
• We have the obligation to monitor and report on suspicious transactions and large transactions.