Ontario investors were able to continue to trade on Binance even after the restrictions were supposedly in place. crypto cryptocurrency bitcoin $BTC
Binance Informs Canadian Regulator It's 'Committed' to Ceasing Crypto Trading Services in Ontario
In addition, Binance will also make reports to OSC staff and retain an independent third party to ensure the effectiveness of its efforts to implement its commitments. However, on Dec. 29, Binance notified Ontario users that it was allowed to continue its operations in Ontario. The Canadian regulatorat the time: “Binance has issued a notice to users, without any notification to the OSC, rescinding this commitment. This is unacceptable.” Binance has acknowledged this announcement was not correct.
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