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Binance tells regulators it will cease operations in Ontario… for real this time -Breaking


Binance also confirmed that it will stop activities with Ontario residents in a Wednesday undertaking to Canada’s Ontario Securities Commission. Binance also will StopThe company stated that it can open new Ontario accounts and offer fee waivers or reimbursements for certain Ontario users who are under third-party administration.

The undertaking This appears to be the conclusion of an argument that began in June, when Binance said it would. no longer service Ontario accountsCustomers were advised by the OSC to end all active positions before the end of 2018. The month prior to Binance’s announcement, the OSC introduced a new prospectus and registration requirements for cryptocurrency exchanges.