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Finance committee  I would echo that entirely. It's a very sophisticated regime that is modelled after the rules for money service businesses, which have been regulated for many years, with specific regard to the nature of transactions on the blockchain. Not only can we block money or Bitcoin that is leaving our platform, but we can also block transfers to our platform, if someone, for instance, wants to receive Bitcoin into a Wealthsimple account and then exchange that for cash to use in the course of business.

March 14th, 2022Committee meeting

Blair Wiley

Finance committee  Thank you to the chair and thank you to the committee for inviting us to attend today. I'll start off with a few introductory remarks about Wealthsimple. Wealthsimple is a financial services company committed to helping Canadians achieve financial freedom no matter who they are or how much they have.

March 14th, 2022Committee meeting

Blair Wiley