2023-05-14 17:37:39
The crypto sector in Canada faces strict rules
Binance, the world’s largest cryptocurrency trading platform, has decided to exit the Canadian market after tightening control and laws on the crypto sector in the country.
This came after platforms, including “BINANCE”, confirmed their efforts last March to obtain crisis licenses for their Canadian units to work there, but the authorities tightened the procedures for obtaining the necessary approvals to work on their lands.
And prompted the strict rules for the operation of cryptocurrency exchanges to leave Canada such as the platforms “PAXOS” and the decentralized exchange “DYDX”.
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#Binance #exits #Canadian #market #tightening #licensing #procedures
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