Binance Says Farewell to Canada Following New Guidance Implementing Restrictions on Exchanges

Binance Says Farewell to Canada Following New Guidance Implementing Restrictions on Exchanges


cryptonews
2023-05-12 19:50:00

Binance is pulling out of Canada. The world’s largest crypto exchange said on Twitter that it was withdrawing from the country due to new guidance about stablecoins and limits to investors. “We put off this decision as long as we could to explore other reasonable avenues to protect our Canadian users, but it has become apparent that there are none,” the company said. Binance CEO Changpeng Zhao, who is a Canadian citizen, retweeted the news.... Read More: Binance Says Farewell to Canada Following New Guidance Implementing Restrictions on Exchanges