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Breaking: Binance Exchange Under Investigation By Canadian Regulators

source-logo  coingape.com  + 2 more 31 May 2023 16:12, UTC

Crypto News: The world’s largest cryptocurrency exchange, Binance, has recently come under the regulatory spotlight once again as it faces investigation from the Ontario Securities Commission (OSC) in Canada. The OSC is seeking to determine whether Binance attempted to bypass local regulations and compliance controls while seeking approvals to operate in the country. In response to the investigation order, Binance had earlier announced its decision to withdraw from the Canadian market, citing new regulatory guidance concerning stablecoins and investor limits.

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