🇨🇦 How much does a crypto licence in Canada cost?
Cost model verified: oldest component 1 day ago (verified 2026-07-07).
roughly EUR 0 to EUR 25k cash over three years
Confidence: Low
Modelled scenario: Canada's two-regulator crypto route. (A) Federal AML: FINTRAC money services business (MSB) registration under the PCMLTFA, which is mandatory but free. (B) Securities: a crypto-asset trading platform must register with the relevant provincial securities regulator (a CSA member, e.g. the OSC in Ontario) as a restricted dealer or investment dealer and typically become a CIRO member. Canada has NO single national flat crypto licence fee; the annual figure shown is the Ontario OSC capital markets participation fee used as a proxy, and required capital is set by CIRO risk-adjusted-capital rules or negotiated CSA terms rather than a flat statutory sum.
These figures are planning estimates for a stated representative scenario, not quotes and not legal or financial advice. Regulator fees and capital minimums are sourced from official schedules; professional and substance costs are market estimates with ranges. Your numbers will differ. Verify against the cited sources and take advice before committing.
| Component | Year 1 | Year 2 | Year 3 | 3-year total | Confidence |
|---|---|---|---|---|---|
| Application | |||||
| Application fee | Canada application fee is locked. Unlock with the £349 pass. | - | - | Canada application fee is locked. Unlock with the £349 pass. | verified |
| Ongoing | |||||
| Supervision fee | Canada supervision fee is locked. Unlock with the £349 pass. | - | - | Canada supervision fee is locked. Unlock with the £349 pass. | estimate |
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These are representative scenarios
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