Crypto trading platforms are registered by provincial securities regulators, and a federal Stablecoin Act was enacted in 2026. This page sets out the authorisations a stablecoin business needs in Canada, who grants each one and what it covers, alongside how many companies hold them today. The figures come from the registers Anvesan reads and are updated as those registers change.
RegulatorProvincial securities regulators through the Canadian Securities Administrators (CSA); FINTRAC for money services businesses
LawProvincial securities law and the Stablecoin Act (2026)
These 3,683 authorisations belong to 3,614 companies. The company-level records are in Atlas Pro.
What those authorisations permit
Moving value for clients3,677
Scope not stated in the licence6
One authorisation can cover several activities, so these figures overlap.
The licences: who grants them, how long, what they cost
The statutory clock is the formal decision period, where the regulator publishes one. “Observed” is the real-world timeline reported by applicants, not a figure the regulator sets. Capital is the regulatory minimum, not legal or advisory fees. Where a figure is not yet available, we show “Unavailable”; where one exists but Anvesan has not verified it, we show “Not sourced”.
The Atlas column maps a licence to a tracked licence family only where the two are the same thing. Where they are not, it reads Not mapped, and the family counts are in Authorisations by licence above.
Canadian crypto platform authorisation
20 in the Atlas
Who grants it
Provincial securities regulators, through the Canadian Securities Administrators (CSA)
What triggers it
Held for moving value for clients, by the permissions recorded on the authorisations themselves.
Legal basis
Provincial securities law
Statutory clockNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
What it takes in practiceNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
Capital requirement
Not sourced
Application feeNot sourced
Money services business registration
3,662 in the Atlas
Who grants it
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
What triggers it
Held for moving value for clients, by the permissions recorded on the authorisations themselves.
Legal basis
Proceeds of Crime (Money Laundering) and Terrorist Financing Act
Statutory clockNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
What it takes in practiceNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
Capital requirement
Not sourced
Application feeNot sourced
Companies in the free Atlas
20 of the 3,614 companies with an authorisation in Canada are in the free Atlas.
Regulatory changes only: what is being decided, by whom, and when. Company-level licence changes are tracked in Atlas Pro.
Questions this page answers
How many companies hold a stablecoin-related licence in Canada?
Atlas tracks 3,683 authorisations across 3,614 companies in Canada, read from official registers and checked on 6 November 2026. Of those, 2,699 are licensed, 0 are in the pipeline, and 984 have ended.
Who regulates stablecoins in Canada?
Provincial securities regulators through the Canadian Securities Administrators (CSA); FINTRAC for money services businesses. The framework is Provincial securities law and the Stablecoin Act (2026).
What licence does a stablecoin business need in Canada?
Crypto trading platforms are registered by provincial securities regulators, through the Canadian Securities Administrators (CSA). Money services businesses register with FINTRAC, under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. A federal Stablecoin Act was enacted in 2026.
How long does a licence take in Canada, and what capital does it need?
Anvesan has not verified decision timelines or capital thresholds for Canada yet, so this page does not publish them. It publishes no figure it cannot cite.
How these numbers are made
Registers read
The official registers used for this regime, named in the Registers read line. Where a public register does not provide a record, the source is identified separately.
Cadence
Checked daily. Changes are recorded when they appear in the register, together with the date they were seen. Last checked 6 November 2026.
Licence detail reviewed
23 September 2026. Counts are refreshed daily. Licence terms, timelines and capital thresholds are reviewed separately because they come from the underlying rules rather than the register.
Known gap
“Unavailable” means the figure does not yet exist or has not been published. “Not sourced” means the figure exists but Anvesan has not yet verified it. Neither is estimated.