Binance to likely exit Canada, per CoinDesk.
This is after CoinDesk reported that Coinbase is considering, and discussing, with regulators to stay in Canada.
Coinbase’s communications director said, “We remain as committed as ever to the Canadian market as a core component of our international road map.”
Binance said: the exchange “has not made definitive plans yet.”
it also said that the exchange: “is actively engaged with the [Canadian Securities Administrators] in its pursuit of registration.”
In 2021, Binance was not allowed in Ontario.
From March 16, 2022, until written notice is provided to Binance by OSC Staff, Binance will rebate any fees collected by Binance from Ontario account holders associated with Permissible Transactions (as described in the Undertaking). This rebate excludes the blockchain fees which are not retained by Binance.Ontario accounts that reduced their account balance to zero between June 25, 2021, and March 16, 2022, and which remain at zero as of March 16, 2022, will be eligible for a rebate. Binance will apply an amount equal to the withdrawal fee into your account. This rebate excludes the blockchain fees which are not retained by Binance. There is a minimum withdrawal fee rebate of $10 USD required to qualify for the program, which means if your rebate would be less than that amount you will not be eligible.
Binance to likely exit Canada
3/30/2023
Trump has told Walmart, $WMT, to 'eat the tariffs' instead of raising prices
5/17/2025 11:59 PMMoody’s downgrades US credit rating to Aa1 from Aaa
5/17/2025 4:55 AMYouTube, GOOGL, viewers will start seeing ads after ‘peak’ moments in videos
5/16/2025 7:55 PMCEOs say that just a fraction of AI initiatives are actually delivering the return on investment they expected
5/16/2025 7:51 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
+With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.