Binance Says Goodbye to Canadian Market

OKX announced in March that it was temporarily ceasing service to Canadian users due to the tightening of government policy.

However, the platform promised to resume operations on June 22. Similarly, Binance has also announced its withdrawal from the Canadian market, citing complex regulatory framework and small transaction volume as reasons for the decision.

Both companies have expressed that they would return to Canada if the authorities could make the legislation more accommodating to the blockchain industry.