Binance Says Withdrawing From Canadian Marketplace

Binance will withdraw from the Canadian marketplace, the company says in a tweet.

• Cites “new guidance related to stablecoins and investor limits provided to crypto exchanges” that makes the Canada market no longer tenable for the firm
• Firm also says remaining Canadian users will receive an email with information on how the decision will impact their accounts going forward
• Binance said it’s confident it will someday return to to the market when users in Canada “have the freedom to access a broader suite of digital assets”
• NOTE: Canada’s Tightened Crypto Rules Push Firms to Comply or Leave

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