Canada
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Markets
Binance announces its exit from Canada
Binance says new guidance on stablecoins has made it untenable to continue operating in the country. New rules required exchanges…
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Markets
Binance calls it quits in Canada, blames new rules
Binance will withdraw from the Canadian market, the cryptocurrency exchange announced on Twitter on May 12. It called its withdrawal…
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Markets
Gemini files for pre-registration undertaking in Canada
On April 12, cryptocurrency exchange Gemini announced it filed a pre-registration undertaking with the Ontario Securities Commission (OSC), which oversees…
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Markets
Paxos set to withdraw from Canada amid regulatory uncertainty
Paxos, a fintech company that offers blockchain-based solutions for the global financial industry, has announced its decision to withdraw from…
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Markets
Kraken aims for restricted dealer registration in Canada to comply with new rules
Crypto exchange Kraken has filed a preregistration undertaking with the Ontario Securities Commission in Canada seeking restricted dealer status. U.S.-based…
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Markets
Crypto Biz: Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs
Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following…
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Markets
OKB price dips: OKX to cease operations in Canada
OKX will cease operation in Canada in June 2023. The exchange has already sent an off-boarding message sent to Canadian…
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Markets
OKX to cease operations in Canada by June 22 2023
On Mar. 20, cryptocurrency exchange OKX informed Canadian users via email the firm “will no longer provide services or allow…
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Markets
Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27
Last week was relatively calm regarding enforcement news but brought some peculiar local developments in regulation. United States Representative Tom…
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Markets
DeFi ‘fragility’ causes and cures explored in highly technical Bank of Canada study
The Bank of Canada has released a working paper that examines lending protocols in decentralized finance (DeFi) with regard to…
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