Post
Topic
Board Exchanges
Re: Binance is withdraws from Canada
by
Ndabagi01
on 13/05/2023, 21:33:37 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.

Why are all of these countries enacting strict regulations to temper the existence of these well-known exchanges, which they are also playing an important part in the development of the bitcoin market? I simply wish Binance had made the proper decision by entirely discontinuing operations in Canada, despite the fact that the restrictions only apply to the use of stable coins. It will have a significant impact on the people there using Binance, and I assume Binance has made it easy for them to access and withdraw their assets.