Novarack
Posts: 3
Joined: Fri Jun 19, 2020 12:18 am

Registering a MSB in Quebec, Canada

Fri Jun 19, 2020 12:20 am

Is there anyone i can hire to help me fill the paperwork to become a MSB ?

This is all really complicated, so i don't want to mess anything and be in legal trouble.
I just want to buy/sell Bitcoin from/to Canadians via Interac & bank transfers.

I've done the first step and already have a NEQ.
Step 2 is harder..

I tried filling the paperwork to become a MSB, but cryptocurrency isn't even an option on the documents.
My choice : "Currency exchange", "Cheque cashing", "Funds transfers", "Issue or redemption of traveller’s cheques, money orders or bank drafts".

The license application i found was on the AMF's website under money services.

Novarack
Posts: 3
Joined: Fri Jun 19, 2020 12:18 am

Re: Registering a MSB in Quebec, Canada

Fri Jun 19, 2020 1:41 am

I've left messages to a bunch of small business lawyers in my province.
Let's see if anything comes out of it.

Novarack
Posts: 3
Joined: Fri Jun 19, 2020 12:18 am

Re: Registering a MSB in Quebec, Canada

Fri Jun 19, 2020 8:29 pm

Got a call from a lawyer that specialize in business, commercial and corporate law.
I think it would be best if i hired a blockchain lawyer like Stikeman Elliott or Montreal Tech Lawyer.
We'll see if i get a call from them.

OneChain
Silver Bitcoiner
Silver Bitcoiner
Posts: 1086
Joined: Sat Aug 19, 2017 10:11 am
Contact: Telegram

Re: Registering a MSB in Quebec, Canada

Tue Aug 25, 2020 8:46 am

Might be complicated in Canada
Whichever chain wins,the world wins Image

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