Post
Topic
Board Exchanges
Re: Binance is withdraws from Canada
by
PX-Z
on 12/05/2023, 23:36:10 UTC
It was OKX before, now Binance will stop providing exchange services to Canadians. It is because Binance is not able to meet the new regulatory policy concerning stable coins.
That's the only thing they can do before the SEC moves and charge them with millions, like Bittrex in US.
The more regulations become strict and shitty the more users will suffer and will end up using DEX. Well, if there is good on their taste.

Maybe we will see another big exchange stop operating on this strict regulatory policy of these countries, next is in EU or maybe it already happened.