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Crypto exchange Binance says it will no longer serve Ontario users

Crypto exchange Binance says it will no longer serve Ontario users

Crypto exchange operator Binance is exiting the Canadian province of Ontario amid a regulatory crackdown there. Binance announced Friday that all Ontario-based users must close out all active positions by December 31, 2021. The Ontario Securities Commission has begun taking legal action against unregistered crypto exchanges in recent weeks, including against Bybit, Poloniex, and Kucoin. …

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