Canadian residents will no longer be able to use the world’s largest cryptocurrency exchange. Because, Binance has already announced to close their business from Canada. News Engadget.
Binance said that it is not possible to sustain the business in the country due to the strictness of the regulatory body and investor restrictions.
Earlier, Binance applied for registration last March. However, the world’s largest crypto exchange made this announcement before approval.
Binance users in Canada will be notified via email of what will happen to their account. However, the company said that efforts will be continued to re-launch Binance business in the country in the future.