Binance, the world\“s largest cryptocurrency exchange, has announced its decision to pull out of Canada.
This move comes amidst regulatory challenges faced by the company in the country.
In a recent press release, Binance explained that the withdrawal is in compliance with local regulations and the company\“s commitment to adhering to the highest standards of compliance.
While Binance will be winding down its operations in Canada, it reassures users that all their assets are safe and will be transferred to the appropriate Binance platform.
This development is being closely watched by the crypto community, as it may signal a shift in how international crypto exchanges operate in regulated markets. |
