Newton Crypto Ltd. has officially been approved as a dealer member of the Canadian Investment Regulatory Organization (CIRO), effective March 18, 2026.
This approval means Newton is now authorized to operate as a CIRO-regulated investment dealer, completing an important step in our regulatory transition.
Overview of the Canadian Investment Regulatory Organization (CIRO)
The Canadian Investment Regulatory Organization (CIRO) is Canada’s national self-regulatory organization that oversees investment dealers and trading activity across traditional and crypto markets.
CIRO establishes and enforces rules governing how investment dealers operate, including requirements related to capital adequacy, compliance, client disclosures, and ongoing supervision. These standards are designed to promote market integrity, financial soundness, and consistent business conduct across regulated firms.
Canadian Investor Protection Fund (CIPF) Coverage
The Canadian Investor Protection Fund (CIPF) is an investor compensation fund applicable to CIRO member firms. In the event that a CIRO dealer becomes insolvent, CIPF may provide coverage, within specified limits, for eligible cash held on behalf of clients.
Coverage limits are generally up to $1 million. Crypto-assets are not protected by the CIPF, the Canadian Deposit Insurance Corporation or any other investor protection insurance scheme. CIPF protection applies to cash balances, including Canadian and U.S. dollars, and does not protect against market losses, losses related to crypto assets, or losses resulting from unauthorized account access.
As a result of CIRO’s prudential oversight and capital requirements, CIPF protection is infrequently relied upon in practice.
Why Newton Transitioned to CIRO Dealer Membership
Newton transitioned to CIRO dealer membership to meet regulatory requirements under Canada’s evolving framework for crypto-asset trading platforms. This transition allows Newton to continue operating as a compliant platform while offering crypto trading services within a regulated investment dealer environment, and reflects our ongoing commitment to transparency, compliance, and investor protection.
What This Means for Your Newton Account
Your ability to use Newton remains largely unchanged. You can continue to fund your account, trade, withdraw, and manage your assets as usual, and you retain full control of your funds.
Most changes relate to enhancing investor protection, regulatory oversight and internal controls.
Updates to Disclosures, Statements, and Reporting
As part of operating under CIRO’s regulatory framework, Newton has implemented updates to disclosures and client reporting. These updates support regulatory requirements and improve transparency and consistency across client communications.
Updated Risk Disclosures and Terms and Conditions
Our Risk Disclosures and Terms and Conditions have been updated. To continue using the platform, you are required to review and agree or acknowledge these updates directly in the Newton app or on web.
Changes to Monthly Statements and Trade Confirmations
Your monthly account statements and trade confirmation communications have been updated to align with CIRO dealer member requirements. While the format and presentation of these documents may look different, the underlying account activity and information they contain remain unchanged.
New annual reports
Newton has introduced two new annual reports:
- An annual performance report, which summarizes your account activity over the year
- An annual fees report, which outlines the fees paid in connection with your account
These reports are standard disclosures for CIRO-regulated investment dealers and are intended to provide additional clarity and transparency about your Newton account.
If you have any questions, please reach out to our support team at support@newton.co.
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