Cryptocurrency exchange Bitfinex said customers based in Canada’s most populous province will no longer have access to any services beginning March 1. No reason was given for the move.Bitfinex told its Ontario customers they should withdraw their funds on or before March 1.Beginning today, customers without account balances will have their accounts closed. Those without open … [Read more...] about Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts
Ontario
Binance to Continue Operating in Ontario After Cooperating With Canadian Regulators
“However, as a result of ongoing and positive cooperation with Canadian regulators, Binance in Canada has been successful in taking its first steps on the regulatory path by registering in Canada as a Money Services Business with FINTRAC‚” Binance told its users in Ontario on Wednesday. FINTRAC (Financial Transactions and Reports Analysis Center of Canada) is the country’s … [Read more...] about Binance to Continue Operating in Ontario After Cooperating With Canadian Regulators
Binance Still Not Authorized to Operate in Ontario, Securities Commission Says
No entity in the Binance group of companies holds any form of securities registration in Ontario, the commission said. Unregistered platforms operating in Ontario may be subject to action, including temporary orders, to ensure compliance which could affect their ongoing local business operations, the statement added. Source link … [Read more...] about Binance Still Not Authorized to Operate in Ontario, Securities Commission Says
Binance Held Talks With Ontario Securities Commission, Says Restrictions on Users Remain
In addition, Binance says restrictions for Ontario users remain in place, which include no trading, prohibited from opening new accounts, and the exchange won’t market its services to Ontario-based users. Binance said it will consult with the OSC before updating users on the regulatory status of their accounts. Source link … [Read more...] about Binance Held Talks With Ontario Securities Commission, Says Restrictions on Users Remain