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Will join the ranks of other well-known encryption companies and voluntarily withdraw from the Canadian market. We would like to thank those regulators who have worked with us to address the needs of Canadian users. We have high hopes for the Canadian blockchain industry. Unfortunately, new regulations related to stablecoins and crypto exchanges make the Canadian market unsuitable for Binance at the moment. We postponed this decision as long as possible to explore other reasonable avenues to protect our Canadian users, but it became clear that we did not have such avenues. We are sending emails to Canadian users with information about how their accounts will be affected. While we disagree with the new regulations, we hope to continue working with Canadian regulators with the aim of establishing a comprehensive regulatory framework. We believe that we will one day return to the Canadian market when Canadian users can freely access digital assets again.
SSPOL
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