Crypto Derivatives Exchange dYdX Ices Canadian Market

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Crypto exchange dYdX is exiting the Canadian market. reports

At 17:00 UTC, the exchange stopped onboarding new users based in Canada. Current Canadian users will retain full access to dYdX’s platform for the next seven days. But on April 14 they will be moved to “close-only mode” and only allowed to exit their positions and withdraw their capital.Canadian Securities Administrators published new regulations

that warned crypto exchanges and trading platforms to comply with “enhanced investor protection commitments.” “We hope that the regulatory climate in Canada will change over time to allow us to resume services in the country,” dYdX said in aAt press time the dYdX token was trading at $2.45, sliding roughly 5.4% in the past 24 hours.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Be true Be you

Im fine with Kucoin, I buy a lot from good projects.. there but $KCS is my main so far.. Hodl Crypto cryptoexchange QuaiNetwork nhct om doge btc shib $sana

goodfreephotos

OKX and Nexo are doing the same 🤔 If they can’t operate under Canadian regs, what does that tell you about their products? 🤷‍♂️

The garychain appchain thesis is that GG will prolly lose to tokens at the the consensus layer but prolly not to tokens at the dao governance layer

$webd WebDollar_io for feature! His own Blockchain build from zero, no ICO,DAO project 100% POS,and with Webd2.0 soon cold staking and from 100k TPS up to 1MIL TPS. His own wallet easy to use with any device.Just 3 sec to start Implement $webd

ilmeaalim

DESK tokens?

Who cares about them rlly...

DeFi platform without KYC is leaving due to regulations? Doesn't make sense.

This has never been about regulations this has always been about control and preserving status quo.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in BUSİNESS

Business Business Latest News, Business Business Headlines