Hey everyone,
I am considering starting a cryptocurrency exchange in Canada but am not sure what are the various rules and regulations that go into it. I am from Quebec so the Autorité des marchés financiers (AMF) is the governing body here. I have the technical expertise to set up the exchange, however, am not sure what are the rules and regulations surrounding establishing an exchange. Also, I have used Coinsquare and Quadriga CX in the past but they have terrible prices, very low volumes, complex interfaces, and heavy verification processes. My project aims to combat all these issues. If I create a buy-only site initially, can I get by using just phone verification? Every bitcoin atm I have visited simply requires me to use phone verification so is it possible to do the same online?