---
type: subdivision
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "north_america", "fatf", "legal"]
aliases: ["CA-ON", "CAN-ON"]
created: 2026-04-13
updated: 2026-04-02
compile_into: ["[[country--canada]]"]
sources:
  - name: "Ontario Securities Commission (OSC)"
    url: "https://www.osc.ca"
    type: "official"
  - name: "Securities Act and National Instrument 21-330"
    url: "https://www.osc.ca"
    type: "framework"
---

# 🇨🇦 [[subdivision--ca-ontario|Ontario]] (CA-ON) — Crypto Regulation

> Cryptocurrency activities in Ontario are regulated under the Securities Act and National Instrument 21-330, with active enforcement against crypto fraud and investor protection initiatives by the Ontario Securities Commission (OSC).

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Sub-jurisdiction of | [[country--canada|Canada]] |
| Risk Score | 30/100 (Moderate Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--north-america|north america]] |
| Currency | [[entity--cad|CAD]] |

## Tax

| Type | Rate |
|------|------|
| VAT on Crypto | No |

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | Ontario Securities Commission (OSC) |
| Framework | Securities Act and National Instrument 21-330 |
| Ease | medium |
| Cost | N/A |
| Timeline | N/A months |

Crypto exchanges and trading platforms must register with the OSC under securities laws and comply with investor protection rules.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | No |
| FATF Status | fsrb_only |

## DeFi

**Status:** regulated

DeFi activities fall under securities regulations and must comply with OSC rules to protect investors.

## Stablecoins

**Status:** regulated

Stablecoins are regulated as securities or payment instruments under existing securities laws and must comply with OSC regulations.

## NFTs

**Status:** no_rules

No specific NFT regulation

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 20% |
| Climate | temperate |
| Infrastructure | good |

Mining is legal with moderate electricity costs and good infrastructure in Ontario.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 74/100 |
| Ease of Business | easy |
| Internet Freedom | free |
| Banking Access | open |

## Enforcement

Enforcement focused on unlicensed operators and consumer protection

## CBDC Status: exploring

---

*Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [Ontario Securities Commission (OSC)](https://www.osc.ca)
- [Securities Act and National Instrument 21-330](https://www.osc.ca)