BIGG Digital Assets' (BIGG.V) unit Netcoins said Wednesday that its membership application to the Canadian Investment Regulatory Organization (CIRO) has been accepted.
"This acceptance reflects years of deliberate work to build a crypto platform that meets the highest regulatory standards in Canada," said Netcoins CEO Fraser Matthews. "CIRO membership is the next chapter in that journey, and we're committed to engaging fully and diligently through the review process."
Shares of BIGG Digital closed down 7.7% to C$0.06 on Tuesday on the TSX Venture Exchange.