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CZ recently said that for Binance to comply with all the regulatory requirements set by the OSC, it needs to build new, customized solutions that will most likely cost a lot of money. ....
The cryptocurrency exchange, Binance would not open new accounts in Ontario.It will stop trading for current Ontario-based accounts and will offer cost waivers and reimbursements to some consumers. ....
<p><span>The Ontario Securities Commission (OSC) today published an </span><a href="https://www.osc.ca/sites/default/files/2022-03/20220316-Binance-Undertaking-and-Acknowledgement.pdf" data-entity-uuid="5eb5b1ba-166c-40a3-b8a9-da516bc6ee8f" data-entity-type="media" data-entity-substitution="media">undertaking</a><span> </span><span>given by Binance Holdings Limited and Binance Canada Capital Markets Inc. (together, Binance), which holds these entities accountable for taking steps to address concerns arising from recent events.</span></p> ....