VayFinance
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MSB License Info

Registration details

  • Operating / trade name: VayFinance
  • Legal name: VayFinance Ltd.
  • MSB registration number: M00000000
  • Registration status: Registered
  • Initial registration date: 01.01.2026
  • Registration expiry date: 31.12.2027
  • Main office: 94 Lakeshore Road East, Unit 203, Mississauga, Ontario, L5G 1E3, Canada
  • Website: https://vayfinance.com
  • Jurisdiction: Canadian Province or Territory: Ontario
  • MSB services: Dealing in virtual currencies

What is an MSB registration?

In Canada, companies that exchange currencies, transfer funds, or deal in virtual currencies must register as a Money Services Business (MSB). Registration places the business under Canada's anti-money-laundering framework: the registered company must verify who its clients are, monitor transactions, keep records, and report suspicious activity to the regulator.

Why it matters to you

  • Legality. Offering money services in Canada without an MSB registration is prohibited. Our registration means we operate within the law.
  • Accountability. A registered MSB answers to a federal regulator and can be audited at any time — you are not dealing with an anonymous website.
  • Security of process. The same controls that satisfy the regulator (identity checks, transaction monitoring, record keeping) also protect you from fraud.

Our compliance program

VayFinance maintains an internal compliance program built around Canadian AML requirements:

  • Know Your Customer (KYC). We verify the identity of our clients before processing orders.
  • Transaction monitoring. Orders are reviewed by our team and screened for unusual patterns before crypto is sent.
  • Record keeping. Transaction and client records are retained for the periods required by law.
  • Staff training. Our team receives regular training on AML obligations and fraud indicators.
  • Independent review. The effectiveness of our compliance program is reviewed periodically.