First Canadian crypto trading platform regulated as marketplace, Bitbuy, selects Eventus for trade surveillance

<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2022/01/Eventus-Systems-Bitbuy-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Bitbuy selects Eventus" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2022/01/Eventus-Systems-Bitbuy-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2022/01/Eventus-Systems-Bitbuy-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2022/01/Eventus-Systems-Bitbuy-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2022/01/Eventus-Systems-Bitbuy-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2022/01/Eventus-Systems-Bitbuy-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2022/01/Eventus-Systems-Bitbuy.jpg 730w" sizes="(max-width: 250px) 100vw, 250px" /><p>Earlier last year, Canadian regulators introduced a new regulatory framework that requires cryptocurrency trading platforms that run a marketplace to surveil participants within their markets. Using Validus expands Bitbuy’s capabilities to fulfill these requirements. It also provides the necessary infrastructure to accommodate future growth.</p>
<p>Michael Arbus, Bitbuy CEO, said:</p>
<blockquote><p>When we reviewed the Eventus solution, combined with our new regulatory requirements, we knew we had found a long-term surveillance partner.  Eventus provided superior advisory services throughout the onboarding process, given their industry-specific knowledge learned from working with leading global digital asset exchanges, and a team who have spent their entire careers in trade surveillance and financial markets. They thoroughly understood Bitbuy’s requirements and regional regulatory needs, making it incredibly simple for our team to go live. Our regulatory requirements are built into their tool, with the ability to add more capabilities and features as the landscape evolves, as well as scale to meet the needs of Bitbuy’s fast-growing marketplace.</p></blockquote>
<p>Eventus CEO Travis Schwab said:</p>
<div><img aria-describedby="caption-attachment-439175" class=" wp-image-439175" src="https://www.leaprate.com/wp-content/uploads/2021/05/Travis-Schwab-Headshot-e1620923204407-469×562.jpg" alt="Travis Schwab, Eventus" width="106" height="127" srcset="https://www.leaprate.com/wp-content/uploads/2021/05/Travis-Schwab-Headshot-e1620923204407-469×562.jpg 469w, https://www.leaprate.com/wp-content/uploads/2021/05/Travis-Schwab-Headshot-e1620923204407-768×921.jpg 768w, https://www.leaprate.com/wp-content/uploads/2021/05/Travis-Schwab-Headshot-e1620923204407-1281×1536.jpg 1281w, https://www.leaprate.com/wp-content/uploads/2021/05/Travis-Schwab-Headshot-e1620923204407-245×294.jpg 245w, https://www.leaprate.com/wp-content/uploads/2021/05/Travis-Schwab-Headshot-e1620923204407-417×500.jpg 417w, https://www.leaprate.com/wp-content/uploads/2021/05/Travis-Schwab-Headshot-e1620923204407-854×1024.jpg 854w, https://www.leaprate.com/wp-content/uploads/2021/05/Travis-Schwab-Headshot-e1620923204407.jpg 1501w" sizes="(max-width: 106px) 100vw, 106px" /><p>Travis Schwab</p></div>
<blockquote><p>It’s a pleasure to serve Bitbuy as our first Canadian client and the latest digital asset marketplace to turn to us for meeting critical trade surveillance needs. As more investors in Canada and throughout the world embrace this asset class, we’re truly honored to play a role in helping cryptocurrency exchanges and a variety of other market participants entering the crypto space meet new requirements and standards for safety and transparency.</p></blockquote>
<p>Last year, Eventus Systems signed its first Australian client – <a target="_blank" href="https://www.leaprate.com/forex/institutional/eventus-systems-signs-first-australian-client-morrison-securities/" rel="noopener">Morrison Securities,</a> an Australian stock brokerage firm.</p>
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