Paxos Set to End Support for Canada Customers Next Month: Block

Paxos will exit the Canadian market, ending support for customers in the country next month, The Block reports, citing an email to customers it saw.

• Accounts that remain unfunded will be disabled from May 9, the report cites the email as saying
• The exit is due to regulatory reasons, a person familiar with the matter told The Block

To contact the reporter on this story:
Max Zimmerman in New York at mzimmerman90@bloomberg.net

To contact the editor responsible for this story:
Divya Balji at dbalji1@bloomberg.net

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