Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Monetization
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Cryptocurrency Forums
Bybit Follows Binance in Exiting Canada Due to New Regulations
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="gaingt8anwh, post: 314530, member: 100173"] Bybit has announced its decision to cease operations in Canada, following in the footsteps of Binance. The move comes as a result of new regulations imposed on the cryptocurrency industry in the country. Starting from May 31st, Bybit will no longer offer its products and services to Canadian users. The company cited the need to comply with the new regulations as the reason behind this difficult decision. Canadian citizens will no longer be able to register new accounts on Bybit, and existing customers will have limited functionality on the platform from July 31st. This development follows the recent guidance issued by the Canadian Securities Administration (CSA), which classified stablecoins as securities or derivatives, leading to restrictions on crypto platforms. Binance also announced its departure from Canada, expressing its desire to collaborate with the Canadian government to establish a more favorable regulatory framework in the future. Meanwhile, Coinbase remains committed to Canada and even plans to expand its operations in the country, praising its clear regulatory approach compared to the United States. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Cryptocurrency Forums
Bybit Follows Binance in Exiting Canada Due to New Regulations
Top