B.C. regulator temporarily restricts Vancouver crypto firm from securities activity
May 20, 2025 | 2:50 PM
VANCOUVER — The BC Securities Commission says a Vancouver cryptocurrency firm has been temporarily banned from trading securities and other market activities.
The commission says Xeltox Enterprises Ltd., which does business as Cryptomus, may be violating registration requirements of the province’s Securities Act.
The regulator says the company is prohibited from buying or selling securities and from engaging in promotional activities for itself or other companies until June 4.
It says the company may also be operating an exchange in B.C. that is not recognized by the commission.
