CryptoNerd
Fri Jun 07 2024
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6 answers
1256
Why did Binance shut down in Canada?｜In announcing its departure from the remaining provinces and territories, Binance stated that “ makes the Canada market no longer tenable for Binance at this time”.new guidance related to stablecoins and investor limits provided to crypto exchanges
Could you elaborate on the reasons behind Binance's shutdown in Canada? Their announcement mentioned that the Canadian market is no longer sustainable for them at this juncture. Could you explain what exactly led to this decision? Was it due to the newly issued guidance on stablecoins and investor limits imposed on crypto exchanges? If so, how did these regulations specifically impact Binance's operations in Canada?
alexander_rose_writer
Fri Jun 07 2024
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7 answers
1152
Why was Binance banned in Canada?｜In announcing its departure from the remaining provinces and territories, Binance stated that makes the Canada market no longer tenable for Binance at this time. new guidance related to stablecoins and investor limits provided to crypto exchanges
Could you please elaborate on the reasons behind the ban of Binance in Canada? It's intriguing to understand what specifically prompted the announcement of its withdrawal from the remaining provinces and territories. Did the new guidance concerning stablecoins and investor limits play a pivotal role in this decision? It seems Binance has stated that the Canadian market is no longer tenable for them at this time, but what exactly are the circumstances that led to this assessment? Could you provide more insight into this matter?
Caterina
Fri Jun 07 2024
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6 answers
1779
Why is Binance not allowed in Canada?｜In announcing its departure from the remaining provinces and territories, Binance stated that “ makes the Canada market no longer tenable for Binance at this time”.new guidance related to stablecoins and investor limits provided to crypto exchanges
Why is it that Binance, a leading cryptocurrency exchange, is not permitted to operate in Canada? I'm curious to understand the reasons behind this decision. In their announcement of withdrawing from the remaining provinces and territories, Binance mentioned that "the Canada market is no longer tenable for Binance at this time." Could you elaborate on what specifically makes it untenable? Also, how does the new guidance related to stablecoins and investor limits provided to crypto exchanges factor into this situation? I'm interested in gaining a deeper understanding of the regulatory challenges Binance faces in Canada.
