Canada Custodial Wallet – Compliant Development
Launch a custodial wallet in Canada with compliance controls mapped to FINTRAC / Provincial regulators and FINTRAC MSB. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Canada · Custodial Wallet
Canada requires FINTRAC registration for MSBs dealing in virtual currency with provincial securities rules for many token activities.
| Jurisdiction | Canada |
|---|---|
| Regulator | FINTRAC / Provincial regulators |
| Product | Custodial Wallet |
Software
Built-in compliance controls
- Custodial key management with HSM or secure enclave options
- Multi-chain deposits, withdrawals, and balance reconciliation
- Transaction monitoring and velocity limits
- Account recovery flows with identity re-verification
- Compliance reporting and user activity audit trails
- User identity verification processes
- Secure storage solutions for digital assets
- Real-time compliance monitoring
- Detailed transaction history logs
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What are the compliance requirements for a custodial wallet?
- Custodial wallets must implement KYC/AML procedures, secure user data, and maintain transaction records as per FINTRAC regulations.
- How does your software ensure user data security?
- Our software includes encryption, secure access controls, and regular security audits to protect user data.
- Can I customize the compliance features of my custodial wallet?
- Yes, we offer customizable compliance features to meet specific regulatory requirements and business needs.