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Nalezeno "Ontario": 65

Binance Informs Canadian Regulator It’s ‘Committed’ to Ceasing Crypto Trading Services in Ontario

21.3.2022
Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations. Binance Promises to Increase Efforts to Comply With Regulation Cryptocurrency...

Binance tells regulators it will cease operations in Ontario... for real this time

18.3.2022
The crypto exchange admitted to operating in the province without registration after saying it would stop

Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen

20.2.2022
Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin...

Trudeau Warns Truckers Government Will ‘Respond With Whatever It Takes,’ 2 Freedom Convoy Crypto Fundraisers Reach Goals

12.2.2022
The truckers Freedom Convoy in Canada continues even after Canadian Prime Minister Justin Trudeau has warned the truckers the government is ready to “respond with whatever it takes.” Furthermore, an Ontario judge on Friday ordered protestors to end the blockade at Ambassador Bridge...

Ontario government freezes millions more in donations to Freedom Convoy

11.2.2022
The second attempt to block funds from reaching the truckers through a traditional fundraising platform has resulted in more donations being made in Bitcoin

FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation

31.1.2022
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation...

Ontario Teachers Keep Investing in FTX Which is Not Available in Ontario

31.1.2022
An Ontario-based organization in charge of administering pensions for teachers once again invested during FTX’s latest fundraise, but residents of this Canadian province still can’t use FTX.com. FTX Trading Ltd., the owner and operator of major crypto exchange FTX, said that they closed a...

Crypto Exchange Bitfinex Stops Servicing Ontario Customers, Asks Users to Withdraw Funds

16.1.2022
Cryptocurrency exchange Bitfinex has asked its Ontario users to withdraw their funds since they will no longer have access to any services offered by Bitfinex in March. Bitfinex Stops Providing Services to Ontario Customers Crypto exchange Bitfinex announced Friday that it is making changes to...

Bitfinex advises Ontario-based users to close accounts before March 1

14.1.2022
The Ontario Securities Commission has been responsible for cracking down on crypto exchanges operating in the region, including Binance, OKEx, Bybit, KuCoin and Polo Digital Assets

Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’

1.1.2022
The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed...

Canada Detains Teen for Alleged $36 Million Cryptocurrency Theft

21.11.2021
A teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto theft by a single person. The Canadian is accused of stealing tens of millions of dollars through a SIM swap targeting a crypto holder in the U.S. Teen Arrested...

FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation

22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...

Canadian regulators warn against 'gambling style' advertising and marketing in guidelines for crypto companies

23.9.2021
“Misleading advertisements and improper marketing strategies may encourage investors to take on risks they would normally avoid," said CSA chair Louis Morisset

Canadian regulator alleges OKEx operator violated securities law

19.8.2021
The commission has made similar allegations against Bybit, crypto exchange KuCoin and Polo Digital Assets

Payments Provider Clear Junction Stops Processing Payments for Binance

12.7.2021
On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction...

Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy

7.7.2021
The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant...

Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the Province

27.6.2021
Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. Crypto Exchange Binance Exits Canada’s...