Wikilix
Licence record

FINTRAC licence M21810830

Holder
Tapbit
Jurisdiction
Canada
Licence type
Financial Service
Last checked
Aug 18, 2026

This is Wikilix's record of a licence issued by Financial Transactions and Reports Analysis Centre of Canada. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Aug 18, 2026

Licence Verification Record

Financial Transactions and Reports Analysis Centre of Canada M21810830

Wikilix read the FINTRAC register on Aug 18, 2026. This is what it said.

Issuing authority
Financial Transactions and Reports Analysis Centre of Canada
Holder
Billance investment limited
Jurisdiction
Canada
Licence type
Financial Service
Effective
Dec 24, 2021
Register status
expired
No longer in force

Checked Aug 18, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/financial-transactions-and-reports-analysis-centre-of-canada/tapbit/m21810830Fields on file 9 / 11

Open TapbitAbout FINTRAC
Our check
Checked

What we checked

This licence is no longer in force, or the register did not carry it when we looked.

Wikilix check
Ended
Authority strength
Tier 3
Jurisdiction
Canada
Last checked
Aug 18, 2026
Register says
expired

Finding

Confirmed on the FINTRAC register as Legal Name: TAPBIT CAPITAL INC., Operating Name: TAPBIT CAPITAL INC. (MSB registration - Foreign Exchange (spot currency exchange, i.e. money changing), Money Transferring, Virtual Currency. This is an anti-money-laundering registration as a money services business, not a licence or any dealing permission.). MSB Registration Number as printed on the row, "M21810830", exactly equal to the number our DB records for this broker against FINTRAC; the row's names cell reads "Legal Name: TAPBIT CAPITAL INC., Operating Name: TAPBIT CAPITAL INC.". The second matching row, "N300001261", is tied to the same company by the identical printed Incorporation Number "1354742-6" and the same business address "3987 HIGH

Exhibit

Register screenshot, captured Aug 18, 2026
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
M21810830
Licence type (Wikilix classification)
Financial Service
Register status
expired
Effective from
Expires
No expiry shown
The authority

About FINTRAC

Financial Transactions and Reports Analysis Centre of Canada is the authority that issued this licence, and the jurisdiction it applies in is Canada.

Full name
Financial Transactions and Reports Analysis Centre of Canada
Jurisdiction
Canada
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2000
Oversight
A government or statutory body
Firms we track under it
3 firms
Licences it issues
Money services business registration; foreign exchange dealers; remittance; virtual currency dealer
Typical cost of a licence
Registration free; compliance costs
Public register
Searchable by the public
Transparency
Medium

FINTRAC is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FINTRAC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeComplaints to FINTRAC or Office of the Privacy Commissioner
  • Maximum leverageN/A
This licence is not in force, so these protections do not apply to it. They describe FINTRAC's regime for the firms it currently authorises.
The holder

Who holds this licence

The licence above is recorded against Tapbit. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
Billance investment limited
Based in
China
Wikilix score
44.0the firm’s overall score, not a rating of this licence
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Tapbit holds

3 other licences are on record for Tapbit.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
Tapbit offers customer support primarily in English via live chat during business hours and email at support@tapbit.com. They also maintain active social media channels on Facebook, Twitter, LinkedIn, Instagram, and YouTube for additional contact and updates.
Yes, Tapbit requires Know Your Customer (KYC) verification and two-factor authentication (2FA) for security purposes, especially for deposits and withdrawals via credit/debit cards and P2P trading. This helps ensure compliance with regulatory standards.
The minimum deposit amount to open an account with Tapbit is 250 USD.
Tapbit supports various funding methods including bank transfers, credit/debit cards, cryptocurrency transfers, P2P trading, and third-party services like Zen and Wello. Deposit fees are generally not charged, but withdrawal fees depend on the method and currency, such as $15 for SWIFT and network fees for cryptocurrencies. Processing times vary from instant for cards and crypto to several days for bank transfers.
Tapbit is regulated under several authorities including the Financial Crimes Enforcement Network (FinCEN) in the United States, the National Futures Association (NFA), and FINTRAC in Canada. These regulators provide onshore and offshore oversight, with Tapbit holding financial service licenses in multiple jurisdictions. However, client fund insurance and investor protection vary by regulator and jurisdiction.
Licence M21810830 was issued by Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the financial authority for Canada.
Tapbit holds this FINTRAC licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the FINTRAC register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates FINTRAC tier 3. Supervision is lighter-touch and client protections vary.
Yes, FINTRAC is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
This page links straight to the FINTRAC register. Search it for M21810830, and for the name Tapbit rather than the trading brand.
Tapbit has 3 other licences on record with Wikilix, across 2 jurisdictions. They are listed further down this page.
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