Binance breaks up with Canada over new crypto rules. It's not you, Canada; it's the regulations.
Binance sent its Canadian users an email, seen by Cointelegraph, that instructed them to close their open positions by Sept. 30, 2023. “From October 1st, 2023, Canadian customers will be put into liquidation only mode,” it warned. The exchange added:
“While we do not agree with the new guidance, we hope to continue to engage with Canadian regulators aimed at a thoughtful, comprehensive regulatory framework.”withdrew from in March 2022All is not lost for Canadian cryptophiles, however. Kraken filed the new preregistration undertaking in March and stated its commitment to staying in Canada. The CSA
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