Reason for this visit

Canada is one of the most “crypto-friendly” countries in the world, with the government actively promoting the development of the digital economy, during which cryptocurrencies, as digital assets, play a significant role. Furthermore, Canada is home to multiple well-known cryptocurrency companies. In recent years, the Canadian government has invested substantial resources and money into research and applications of cryptocurrencies and blockchain technology, including decentralized identity authentication, smart contracts, and other areas, indicating that it will continue to play a crucial role in the era of digital economy in the future. As a result, Canada becomes one of the competitive markets for global crypto exchanges. In an attempt to help investors to gain a more comprehensive understanding of current exchanges in Canada, WikiBit survey team decides to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Canada to visit cryptocurrency exchange AMBER as planned according to its regulatory address that 3363 Bluebonnet Road, North Vancouver, BC, Canada V7R4C6.

The investigators conducted an on-site inspection of AMBERs office address at 3363 Bluebonnet Road, North Vancouver, BC, Canada. The target location is situated in a residential area on the outskirts of Vancouver, characterized by typical low-density housing. The neighborhood primarily consists of detached single-family homes lining both sides of the street, presenting a quiet environment with no apparent commercial activity.

Navigation confirmed the address matches a single-story detached residential property. The building number is clearly marked, but no signage or nameplates related to “AMBER” were found. The exterior shows no signs of renovation or commercial conversion.

The building appears to be purely residential, with no office equipment, employee traffic, or business activity observed. The surrounding area is primarily residential, lacking commercial facilities, with no office buildings or shared workspaces nearby.

Through the on-site investigation, it is confirmed that AMBER does not have a physical presence at the location.

Conclusion

The survey team went to Canada to visit cryptocurrency exchange AMBER, but did not find the company at its regulatory address. This signifies that the company might just register with the address without a physical business office at the place. Accordingly, investors should be meticulous in choosing the exchange.

Disclaimer

The content is for informational purposes only, and shall not be taken as a final order for making a choice.