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Binance founder Changpeng Zhao gets four months in prison

Canadian Binance founder Changpeng Zhao gets four months in prison

Binance founder Changpeng Zhao was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely trade on the…

Binance Tells Ontario Securities Commission it is Trying to Stop Offering Services in Ontario

Binance Tells Ontario Securities Commission it is Trying to Stop Offering Services in Ontario
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Binance to cease operations in Ontario following regulatory crackdown

Binance to cease operations in Ontario following regulatory crackdown Ontario s crypto exchange crackdown continues as Binance plans to end operations Dec. 31, 20201. 3481 Total views News On the tails of a warning from Japanese regulators on Friday, Binance has announced in a short statement yesterday that it will cease providing services to users located in Ontario.  “As part of our continuing compliance efforts, Binance has updated its Terms of Use to provide that Ontario (Canada) has become a restricted jurisdiction, effective 2021-06-26 at 3:59:59 AM (UTC). Regrettably, Binance can no longer continue to service Ontario-based users. Ontario-based users are advised to take immediate measures to close out all active positions by December 31, 2021,” a statement on their website reads.

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