Jonah Mercier
Toronto, ON
Oct 4, 2026

The Ontario Securities Commission has identified AngelBTC, also known as BTC North Corp, and Quantoria Markets in an investor warning over their registration status, according to the notice details supplied for this report.

The warning says the businesses solicited Ontario residents for trading or investment services without being registered under Ontario’s securities legislation. It cautions investors against transacting with them and recommends checking regulatory records before opening an account or depositing money.

The notice is identified as part of the OSC’s investor warnings and alerts for June 30 to July 21, 2026, dated July 21.

What the warning means

The central issue is authorization to conduct securities-related business in Ontario—not simply whether a platform is accessible online or presents itself as an established investment provider.

Section 25 of Ontario’s Securities Act generally requires registration for a person or company engaging in the business of trading securities, unless an exemption applies. Registration requirements also apply to securities advisers and investment fund managers, subject to the relevant provisions and exemptions.

For crypto businesses, the analysis depends on the assets, contracts and services being offered. A business’s use of the word “crypto,” or its description of a product as something other than a security, does not settle whether securities law applies. Equally, this warning should not be read as a determination of the requirements for every business offering digital-asset services.

The supplied account of the notice does not describe the firms’ products, custody arrangements or contractual terms. Those gaps limit what can be concluded about their operations beyond the OSC’s stated registration concern.

An investor alert, not an enforcement ruling

An investor warning is distinct from an enforcement proceeding or tribunal order. The supplied notice details do not identify a proceeding against either business, a finding of liability or a penalty.

That distinction does not make the warning inconsequential. It is a public caution from the provincial securities regulator that investors should consider before transferring funds. But it does not, on its own, establish fraud, investor losses or an adjudicated breach of securities law.

Check the entity—not just the brand

Investors can use the Canadian Securities Administrators’ registration resources to check a firm or individual. For a crypto platform, they should also consult the OSC’s resources on authorized crypto businesses and any applicable registration conditions.

The identity check matters here because AngelBTC is also identified as BTC North Corp. Investors should compare the platform’s trading name with the legal entity named in account agreements and regulatory records. A similar name is not sufficient confirmation that the business receiving their money is registered.

The immediate message is narrow but important: the OSC’s reported warning concerns these two businesses’ registration status in Ontario. It is a reason to verify authorization before proceeding, not a basis for broader conclusions about their conduct or the crypto market.

Source note: This article draws on the notice details supplied for this report. The linked OSC notice and the firms’ current registration status have not been independently verified.