BIGG Digital Assets Announces Extension of Netcoins Exemptive Relief to Operate a Crypto Trading Platform
BIGG Digital Assets (OTCQB: BBKCF) has announced that its subsidiary Netcoins has secured a two-year extension of its exemptive relief from the British Columbia Securities Commission (BCSC) to continue operating its crypto trading platform in Canada.
The extension comes with specific conditions, including a requirement for Netcoins to maintain positive risk-adjusted capital by January 31, 2026, and submit a complete application to become an investment dealer and CIRO dealer member by June 1, 2026. Failure to meet these milestones could result in business restrictions, including potential wind-down of operations in Ontario.
Netcoins, one of the few Canadian-owned regulated crypto trading platforms, continues to serve a growing customer base while maintaining regulatory capital requirements.
BIGG Digital Assets (OTCQB: BBKCF) ha annunciato che la sua controllata Netcoins ha ottenuto una estensione biennale del sollievo esente da requisiti da parte della British Columbia Securities Commission (BCSC) per continuare a gestire la sua piattaforma di trading di criptovalute in Canada.
L’estensione è soggetta a condizioni specifiche, tra cui l’obbligo per Netcoins di mantenere un capitale positivo aggiustato al rischio entro il 31 gennaio 2026 e di presentare una domanda completa per diventare un investment dealer e un CIRO dealer member entro il 1 giugno 2026. Il mancato rispetto di tali traguardi potrebbe comportare restrizioni aziendali, inclusa la possibile chiusura delle attività in Ontario.
Netcoins, una delle poche piattaforme di trading di criptovalute regolate e di proprietà canadese, continua a servire una base di clienti in crescita mantenendo al contempo i requisiti di capitale normativi.
BIGG Digital Assets (OTCQB: BBKCF) ha anunciado que su subsidiaria Netcoins ha asegurado una extensión de dos años de su alivio exento por parte de la Comisión de Valores de Columbia Británica (BCSC) para continuar operando su plataforma de intercambio de criptomonedas en Canadá.
La extensión viene con condiciones específicas, entre ellas la necesidad de que Netcoins mantenga un capital ajustado al riesgo positivo para el 31 de enero de 2026 y presente una solicitud completa para convertirse en un intermediario de inversiones y miembro del CIRO dealer antes del 1 de junio de 2026. El incumplimiento de estos hitos podría resultar en restricciones comerciales, incluida la posible retirada de operaciones en Ontario.
Netcoins, una de las pocas plataformas de trading de criptomonedas reguladas y de propiedad canadiense, continúa atendiendo a una base de clientes en crecimiento mientras mantiene los requisitos de capital regulatorio.
BIGG Digital Assets (OTCQB: BBKCF)가 그 자회사인 Netcoins가 캐나다에서 암호화폐 거래 플랫폼을 계속 운영하기 위해 브리티시컬럼비아 증권위원회(BCSC)로부터 면제 구제 조치를 2년 연장받았다고 발표했습니다.
연장은 2026년 1월 31일까지 위험조정된 양호한 자본을 유지하고 2026년 6월 1일까지 투자 중개업자 및 CIRO 딜러 구성원이 되기 위한 완전한 신청서를 제출하는 등 구체적인 조건과 함께합니다. 이러한 이정표를 달성하지 못하면 사업 운영에 제한이 생길 수 있으며 온타리오에서의 사업 종료 가능성도 있습니다.
Canadian-owned 규제된 암호화폐 거래 플랫폼 중 하나인 Netcoins는 규제 자본 요건을 유지하면서 성장하는 고객 기반에 서비스를 계속 제공합니다.
BIGG Digital Assets (OTCQB: BBKCF) a annoncé que sa filiale Netcoins a obtenu une prolongation de deux ans de son allègement exempté par la British Columbia Securities Commission (BCSC) afin de continuer à exploiter sa plateforme de négociation de crypto-monnaies au Canada.
La prolongation est assortie de conditions spécifiques, notamment l’obligation pour Netcoins de maintenir un capital ajusté au risque positif d’ici le 31 janvier 2026 et de soumettre une demande complète pour devenir un courtier en valeurs et membre délégué CIRO d’ici le 1er juin 2026. Le non-respect de ces jalons pourrait entraîner des restrictions commerciales, y compris une éventuelle cessation des activités en Ontario.
Netcoins, l’une des rares plateformes de trading crypto régulées et détenues au Canada, continue de desservir une clientèle croissante tout en respectant les exigences de capital réglementaire.
BIGG Digital Assets (OTCQB: BBKCF) hat bekannt gegeben, dass seine Tochtergesellschaft Netcoins eine zweijährige Verlängerung ihrer exempten Erleichterung von der British Columbia Securities Commission (BCSC) erhalten hat, um weiterhin ihre Krypto-Handelsplattform in Kanada zu betreiben.
Die Verlängerung erfolgt unter bestimmten Bedingungen, darunter die Auflage, dass Netcoins bis zum 31. Januar 2026 positives risikoadjustiertes Kapital vorhalten und bis zum 1. Juni 2026 einen vollständigen Antrag einreichen muss, um Investment Dealer zu werden und CIRO Dealer-Mitglied zu sein. Die Nichteinhaltung dieser Meilensteine könnte zu Geschäftsbeschränkungen führen, einschließlich einer möglichen Stilllegung der Aktivitäten in Ontario.
Netcoins, eine der wenigen kanadisch besessenen regulierten Krypto-Handelsplattformen, bedient weiterhin eine wachsende Kundschaft, während es die regulatorischen Kapitalanforderungen einhält.
أعلنت BIGG Digital Assets (المدرجة في OTCQB: BBKCF) أن شركتها التابعة Netcoins حصلت على تمديد لمدة عامين للإعفاء من BCSC للسماح لها بمواصلة تشغيل منصة تداول العملات المشفرة في كندا.
يأتي التمديد مع شروط محددة، بما في ذلك وجوب احتفاظ Netcoins برأس مال موجّه نحو المخاطر يظل إيجابياً حتى 31 يناير 2026 وتقديم طلب كامل ليصبح وسيط استثمار وعضو CIRO وسيط بحلول 1 يونيو 2026. قد يؤدي عدم الالتزام بهذه المعالم إلى قيود على الأعمال، بما في ذلك احتمال سحب العمليات في أونتاريو.
Netcoins، إحدى منصات التداول المشفرة المنظمة والقابلة للملكية الكندية القليلة، تواصل خدمة قاعدة عملاء تتزايد مع الحفاظ على متطلبات رأس المال التنظيمي.
BIGG Digital Assets (OTCQB: BBKCF) 宣布其子公司 Netcoins 已获得不列颠哥伦比亚省证券委员会 (BCSC) 为期两年的豁免延长期限，以继续在加拿大全国运营其加密货币交易平台。
延长期限附带具体条件，包括 Netcoins 必须在 2026 年 1 月 31 日前维持风险调整后的正向资本，并在 2026 年 6 月 1 日前提交完整申请，成为投资经纪人和 CIRO 经销商成员。若未达到这些里程碑，可能会导致业务受限，包括在安大略省的运营可能被迫退出。
Netcoins 作为加拿大少数拥有且受监管的加密交易平台，继续在监管资本要求下为日益增长的客户群提供服务。
- Extension of crypto trading platform operating permit for two more years
- Growing customer base with consistent trading activity
- Maintains adequate regulatory capital requirements
- Status as one of few Canadian-owned regulated crypto trading platforms
- Risk of business restrictions if milestones are not met by June 2026
- Potential requirement to wind down Ontario operations if compliance requirements not met
- Strict regulatory conditions and deadlines for CIRO membership application
VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (“BIGG” or the “Company”) (TSXV: BIGG; OTCQB: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of Netcoins Inc. (“Netcoins”), Blockchain Intelligence Group, and TerraZero, is pleased to announce that Netcoins has obtained an extension to the exemptive relief decision granted by the British Columbia Securities Commission (“BCSC”) and other members of the Canadian Securities Administrators, that permits Netcoins to operate a crypto trading platform in Canada for a further two-year term, subject to certain conditions set out in a decision document dated September 29, 2025 (the “decision document”).
Netcoins continues to serve a growing customer base with consistent trading activity and maintains a balance sheet that supports regulatory capital requirements. With this foundation and the extension of the exemptive relief, Netcoins is well-positioned to advance toward its next major milestone — submitting an application to the BCSC, the Autorité des marchés financiers and Canadian Investment Regulatory Organization (“CIRO”) to become registered as an investment dealer and an application to CIRO to become a CIRO dealer member (collectively, the “CIRO membership application”).
Fraser Matthews, President and CEO of Netcoins, commented:
“We are excited to have obtained an extension to our exemptive relief to continue to operate as a restricted dealer and continue to build Netcoins as one of Canada’s leading regulated crypto trading platforms, which reinforces our commitment to compliance and transparency. With this foundation, we are advancing towards CIRO membership. We are proud to be one of the few Canadian-owned crypto trading platforms registered in Canada and look forward to serving Canadians for years to come.”
As with all crypto trading platforms in Canada, Netcoins relies on the issuance of this type of exemptive relief to allow it to operate in compliance with Canadian securities laws, and the relief sets out terms and conditions that Netcoins must comply with to carry on its business. In connection with the extension of the exemptive relief, Netcoins delivered an undertaking (the “undertaking”) to the BCSC and the Ontario Securities Commission (“OSC”) in which Netcoins has committed to meet specified milestones on or before certain dates specified in the decision document. Under the terms of the decision document and the undertaking, Netcoins is required to comply with certain conditions, which include, among other things, ensuring that Netcoins has a positive risk-adjusted capital calculation for the financial year end of December 31, 2025, in accordance with the CIRO requirements, by January 31, 2026 and Netcoins submits a complete CIRO membership application with CIRO by June 1, 2026 and CIRO formally accepts such application (the “milestones”). In the event that Netcoins fails to achieve the milestones, Netcoins will be required to implement restrictions on its business within specified timelines, unless otherwise agreed to in writing by the OSC and the BCSC. Under the terms of the undertaking, these restrictions would include a requirement to wind down its operations in Ontario.
Details about the terms and conditions on Netcoins’ registration as a restricted dealer, including details about the timelines for the Milestones, are set out in the Decision Document (found here).
Netcoins will continue to work actively and diligently to submit the CIRO membership application by June 1, 2026, and complete the process of becoming a CIRO dealer member. BIGG is confident that Netcoins’ management will be able to meet the required milestones and is committed to providing timely updates to stakeholders.
On Behalf of the Board
Dan Reitzik
Interim CEO
ir@biggdigitalassets.com
778.819.3890
About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (TSXV: BIGG; OTCQB: BBKCF; WKN: A2PS9W) owns, operates, and invests in crypto businesses that support a compliant and safe digital asset ecosystem. BIGG’s portfolio includes:
- Netcoins – A regulated Canadian and American crypto trading platform.
- Blockchain Intelligence Group – Blockchain analytics and forensics solutions.
- TerraZero Technologies – Immersive Media, Metaverse and Web3 development.
BIGG believes the future of crypto is secure, compliant, and trusted. Learn more at www.biggdigitalassets.com.
Netcoins is a crypto trading platform providing secure, regulated access to a growing range of digital assets. With a commitment to transparency and compliance, Netcoins serves both retail and institutional investors, offering a trusted way to buy, sell, and hold crypto in Canada. Learn more at www.netcoins.com.
TerraZero Technologies Inc., a leading Metaverse development group and Web3 technology company, is transforming how brands connect with audiences through next-gen immersive experiences. Leveraging the power of Agentic AI, TerraZero is building dynamic bridges between the physical and virtual worlds — where enterprise, creativity, and commerce seamlessly converge. With a Metaverse-agnostic vision and a fully integrated model, TerraZero designs, builds, and operates virtual assets and solutions that unlock new revenue streams and user engagement opportunities. Through its Intraverse platform, TerraZero offers a full digital ecosystem: Immersive Experience Creation, Advertising, Data Analytics and Events & Marketing. From gamified experiences to enterprise-level activations, TerraZero is shaping the future of how we live, work, and play in the Metaverse. For more information, please visit https://terrazero.com/ or contact hello@terrazero.com.
Blockchain Intelligence Group is an industry leading digital asset forensics, anti-money laundering detection, and cryptocurrency investigations company. At the heart of our operations is a deep-rooted expertise in visualizing digital assets and market related activities. This expertise is leveraged to monitor transactional data with a constant eye to assisting our customers with risk management, due diligence, and forensic services for digital assets. For more information please visit our website www.BlockchainGroup.io.
For more information and to register for BIGG’s mailing list, please visit our website at https://www.BIGGdigitalassets.com. Or visit SEDAR+ at www.sedarplus.ca.
Future operating results could also be materially affected by the price of cryptocurrency and the demand (or lack thereof) for cryptocurrency. In addition, BIGG’s past financial performance may not be a reliable indicator of future performance.
Forward-Looking Statements
Certain statements in this release are forward-looking statements or information, which include the expected opportunities, outcomes, potential and benefits of the Company’s products and services, and the expected benefits and outcomes. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking wording such as “may”, “expect”, “will”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the ability to manage operating expenses, which may adversely affect the Company’s financial condition, the ability to remain competitive as other better financed competitors develop and release competitive products, volatility in the trading price of the common shares of the Company, the demand and pricing of cryptocurrency, the Company’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; Netcoins complying with the terms and conditions in the decision document and the undertaking, including each of the milestones contemplated in the undertaking and completing the process of becoming a CIRO dealer member, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that it will prove to be correct. The securities of BIGG are considered highly speculative due to the nature of BIGG’s business. For further information concerning these and other risks and uncertainties, refer to the Company’s website and filings on www.sedarplus.ca. In addition, BIGG’s past performance may not be a reliable indicator of future performance.
Important factors that could cause actual results to differ materially from BIGG’s expectations include consumer sentiment towards BIGG’s products and Cryptocurrency, Blockchain and Metaverse technology generally, technology failures, the lack of demand for the company’s products and services, fluctuations in the price of cryptocurrency, the ability to successfully define, design, and release new products in a timely manner that meet customers’ needs; the ability to attract, retain, and motivate qualified personnel; competition in the industry; the ability to obtain and/or maintain licences, permits and approvals that are necessary to operate the business; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; increase in costs and expenses; the dependence on key personnel; competition; the demand and pricing of cryptocurrencies and NFTs (including digital assets); litigation; security threats, including a loss/theft of NFTs, cryptocurrencies, and other assets; and failure of counterparties to perform their contractual obligations.
The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of or statements made by, third parties in respect of the matters discussed above.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FAQ
What is the new deadline for BBKCF's Netcoins to submit its CIRO membership application?
What happens if Netcoins fails to meet the regulatory requirements?
How long is the extension period for Netcoins' exemptive relief?
What capital requirements must BBKCF's Netcoins meet by January 2026?
