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Binance Pulls Out of Canada Amid Tightened Crypto Regulations

Binance Pulls Out of Canada Amid Tightened Crypto Regulations

Binance said on Friday it was withdrawing from Canada, weeks after the country issued a series of new guidelines for cryptocurrency exchanges including investor limits and mandatory registrations.

Canada has tightened regulations for crypto asset trading platforms in recent months, with the introduction of a pre-registration process. The companies that do not adhere to the rules will face potential enforcement action, according to the website…


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